Shoreline Auto
Shoreline Auto is located in Old Saybrook, CT, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 504 loan ($1,231,000 SBA portion) on July 6, 2025 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- New Business or 2 years or less
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jul 6, 2025 | $1,231,000 | $1,716,350 | $3,274,833 (estimated) | Eastern Bank | Community Investment Corporation | 25 years | 4 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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Same industry in Connecticut
- Shoreline Automotive Inc., East Haven
- Oxford Auto and Tire Center LLC, Oxford
- Christies Service, Westport