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Straub Repair Center LLC

Hastings on Hudson, NY · General Automotive Repair · NAICS 811111

Straub Repair Center LLC is a general automotive repair business in Hastings on Hudson, New York, classified under NAICS code 811111. The business was financed with an SBA 7(a) loan for a change of ownership totaling $2,075,000, approved on June 26, 2026, by Live Oak Banking Company. The loan reports 7 jobs.

SBA 7(a) loan, change of ownership, approved Jun 26, 2026

$2,075,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,075,000
SBA-guaranteed amount
$1,556,250 (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
8.25%, variable
Term
10 years (120 months)
Estimated maturity
June 26, 2036 (estimated, approval date plus term)
Estimated monthly payment
$25,450 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Westchester County, NY
SBA district office
New York District Office
Congressional district
NY-16
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 84% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in New York: $1,771,512.

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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