Pw Auto Clinic, Inc.
Pw Auto Clinic, Inc. is located in Sugar Grove, IL, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $725,000 for a change of ownership on September 9, 2025.
SBA 7(a) loan, change of ownership, approved Sep 9, 2025
- Gross approval
- $725,000
- SBA-guaranteed amount
- $543,750 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 9, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $6,084 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Kane County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 24% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Illinois: $1,796,780.
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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Same industry in Illinois
- Metro Auto Repair Business Corp., Bensenville
- Car Hospital, LLC, Dekalb
- Pw Auto Clinic, Inc., Warrenville
- Bodylines Geneva, Inc., Geneva
- Diehl Auto 3 LLC, Aurora
- Joe's Automotive Inc., Kankakee
- Monkee Wrench Auto, Springfield
- Central Square, LLC, Oak Lawn