Sonora Auto Body Repair Inc.
Sonora Auto Body Repair Inc. is a general automotive repair business in Sonora, California, classified under NAICS 811111. The company was financed with an SBA 7(a) loan for a change of ownership of $1.75 million, approved on September 25, 2026 by Live Oak Banking Company, and the loan is associated with the Fix Auto franchise.
SBA 7(a) loan, change of ownership, approved Sep 25, 2026
$1,750,000 approvedLender: Live Oak Banking Company25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,750,000
- SBA-guaranteed amount
- $1,312,500 (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
- 7.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 25, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $12,932 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Franchise
- Fix Auto
- Project location
- Tuolumne County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 76% 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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