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Wnb 1125, LLC

Summerville, SC · General Automotive Repair · NAICS 811111

Wnb 1125, LLC is a general automotive repair business located in Summerville, South Carolina, classified under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership totaling $748,000, approved on August 22, 2025, through lender VelocitySBA, LLC.

SBA 7(a) loan, change of ownership, approved Aug 22, 2025

$748,000 approvedLender: VelocitySBA, LLC10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$748,000
SBA-guaranteed amount
$561,000 (75% of the approval)
Lender
VelocitySBA, LLC, Irving, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
August 22, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,989 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Berkeley County, SC
SBA district office
South Carolina District Office
Congressional district
SC-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 26% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in South Carolina: $1,827,509.

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 South Carolina