Main Street Registry

A+ Auto Group Holdings LLC

The Hills, TX · All Other Automotive Repair and Maintenance · NAICS 811198

A+ Auto Group Holdings LLC, located in The Hills, Texas, operates in the All Other Automotive Repair and Maintenance industry (NAICS 811198). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,589,000, approved by American Momentum Bank on June 10, 2024. The loan lists 18 jobs and the franchise A + Transmission Specialists.

SBA 7(a) loan, change of ownership, approved Jun 10, 2024

Gross approval
$1,589,000
SBA-guaranteed amount
$1,191,750 (75% of the approval)
Lender
American Momentum Bank, College Station, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
June 10, 2034 (estimated, approval date plus term)
Estimated monthly payment
$21,888 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
811198, All Other Automotive Repair and Maintenance
Franchise
A + Transmission Specialists
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-21
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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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