419 Automotive Solutions LLC
419 Automotive Solutions LLC, located in Findlay, Ohio, operates in automotive body, paint, and interior repair and maintenance. The company was financed with an SBA 7(a) loan for a change of ownership of $1,250,000, approved on December 1, 2025, through City National Bank of Florida.
SBA 7(a) loan, change of ownership, approved Dec 1, 2025
$1,250,000 approvedLender: City National Bank of Florida10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,250,000
- SBA-guaranteed amount
- $937,500 (75% of the approval)
- Lender
- City National Bank of Florida, Coral Gables, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 1, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,346 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- Project location
- Allen County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 42% 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 Ohio: $1,840,340.
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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