Speedway Collision LLC
Speedway Collision LLC is located in Lynnwood, WA, and the SBA lists its industry as Couriers and Express Delivery Services. It was approved for an SBA 7(a) loan of $950,000 for a change of ownership on April 7, 2026.
SBA 7(a) loan, change of ownership, approved Apr 7, 2026
- Gross approval
- $950,000
- SBA-guaranteed amount
- $712,500 (75% of the approval)
- Lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.86%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- April 7, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,962 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 90
- Business type
- Corporation
- NAICS
- 492110, Couriers and Express Delivery Services
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 41% of acquisition loans in Couriers and Express Delivery Services on this site.
- Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
- Average acquisition loan in Washington: $1,784,595.
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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