Main Street Registry

Zelawar Automotive, LLC

Stafford, VA · General Automotive Repair · NAICS 811111

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Virginia