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Tuffy Tire and Auto Service of Clermont

Clermont, FL · General Automotive Repair · NAICS 811111

Tuffy Tire and Auto Service of Clermont, located in Clermont, Florida, operates in the General Automotive Repair industry (NAICS 811111). The business financed real estate or equipment through an SBA 504 loan of $1,086,000 approved on April 22, 2025, with Live Oak Banking Company as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Apr 22, 2025

$1,086,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,086,000
Bank portion
$1,123,750
Estimated project size
$2,455,278 (estimated)
Estimated owner equity
$245,528 (estimated, about 10% of the project)
Bank lender
Live Oak Banking Company, Wilmington, NC
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 22, 2050 (estimated, approval date plus term)
First disbursement
Oct 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Lake County, FL
SBA district office
North Florida District Office
Congressional district
FL-11
Collateral
Yes

Estimated share of project by source

Bank 46% SBA (CDC) 44% Owner 10%

  • Larger than 21% of expansion loans in General Automotive Repair on this site.
  • Average expansion loan in General Automotive Repair: $1,564,197.
  • Average expansion loan in Florida: $2,058,496.

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 Florida