Promotive
Promotive, located in Forest Park, Georgia, operates in general automotive repair (NAICS 811111). The business was financed with an SBA 7(a) loan for a change of ownership totaling $510,000, approved by Harvest Small Business Finance, LLC on February 5, 2026, and the loan reports 7 jobs.
SBA 7(a) loan, change of ownership, approved Feb 5, 2026
$510,000 approvedLender: Harvest Small Business Finance, LLC25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $510,000
- SBA-guaranteed amount
- $382,500 (75% of the approval)
- Lender
- Harvest Small Business Finance, LLC, Laguna Hills, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 5, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $4,280 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Clayton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 3% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Georgia: $2,017,638.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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