A&B Industries, LLC
A&B Industries, LLC is located in Salem, MO, and the SBA lists its industry as Automotive Parts and Accessories Retailers. It was approved for an SBA 7(a) loan of $544,500 for a change of ownership on February 28, 2025.
SBA 7(a) loan, change of ownership, approved Feb 28, 2025
- Gross approval
- $544,500
- SBA-guaranteed amount
- $408,375 (75% of the approval)
- Lender
- Town and Country Bank, Salem, MO
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 28, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,463 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- Dent County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 6% of acquisition loans in Automotive Parts and Accessories Retailers on this site.
- Average acquisition loan in Automotive Parts and Accessories Retailers: $1,270,623.
- Average acquisition loan in Missouri: $1,584,414.
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 Missouri
- JC Race, LLC, Marshfield