4 The Truck + Line-X of Arizona LLC
4 The Truck + Line-X of Arizona LLC is an automotive body, paint, and interior repair and maintenance business in Phoenix, Arizona, and is a LINE-X franchise. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $650,000, approved on May 6, 2026 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved May 6, 2026
$650,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $650,000
- SBA-guaranteed amount
- $487,500 (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
- 7%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 6, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,547 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- Franchise
- LINE-X
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 5% of acquisition loans in Automotive Body, Paint, and Interior Repair and Maintenance on this site.
- Average acquisition loan in Automotive Body, Paint, and Interior Repair and Maintenance: $1,738,412.
- Average acquisition loan in Arizona: $1,690,811.
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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