Zelawar Automotive, LLC
Zelawar Automotive, LLC, located in Stafford, VA, operates in general automotive repair (NAICS 811111) and is listed as a Meineke Car Care Center franchise. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,026,000 approved by Live Oak Banking Company on September 15, 2025.
SBA 7(a) loan, change of ownership, approved Sep 15, 2025
$1,026,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,026,000
- SBA-guaranteed amount
- $769,500 (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
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,721 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Franchise
- Meineke Car Care Center
- Project location
- Stafford County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 46% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Virginia: $1,860,760.
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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