Siegfried's Motors, Inc.
Siegfried's Motors, Inc. is located in Fresno, CA, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $821,000 for a change of ownership on August 14, 2025.
SBA 7(a) loan, change of ownership, approved Aug 14, 2025
- Gross approval
- $821,000
- SBA-guaranteed amount
- $615,750 (75% of the approval)
- Lender
- FFB Bank, Fresno, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 14, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,964 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Fresno County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-22
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in California: $1,688,228.
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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