SURPRISE NORTH TIRE AND AUTO LLC and One Putt Tire LLC
SURPRISE NORTH TIRE AND AUTO LLC and One Putt Tire LLC, located in Surprise, AZ, operates in the automotive oil change and lubrication shops industry (NAICS 811191). The business financed real estate or equipment through an SBA 504 loan of $1,466,000 with Live Oak Banking Company as the lender, approved on October 30, 2024.
SBA 504 loan, approved Oct 30, 2024
$1,466,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,466,000
- Bank portion
- $2,085,752
- Estimated project size
- $3,946,391 (estimated)
- Estimated owner equity
- $394,639 (estimated, about 10% of the project)
- Bank lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 30, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 811191, Automotive Oil Change and Lubrication Shops
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-8
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Average expansion loan in Automotive Oil Change and Lubrication Shops: $1,439,111.
- Average expansion loan in Arizona: $2,074,452.
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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Same industry in Arizona
- Big O Tires Store, Cave Creek