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Salem Investments LLC

Tempe, AZ · General Automotive Repair · NAICS 811111

Salem Investments LLC is a general automotive repair business located in Tempe, Arizona, under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership of $4,344,000, approved on June 17, 2025 by UMB Bank, National Association, and the loan reports 15 jobs.

SBA 7(a) loan, change of ownership, approved Jun 17, 2025

$4,344,000 approvedLender: UMB Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,344,000
SBA-guaranteed amount
$3,258,000 (75% of the approval)
Lender
UMB Bank, National Association, Kansas City, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
June 17, 2050 (estimated, approval date plus term)
Estimated monthly payment
$33,528 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-09
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 99% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Arizona: $1,690,811.

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 Arizona