Main Street Registry

Amaxi Motors Inc.

Oakland, CA · General Automotive Repair · NAICS 811111

Amaxi Motors Inc. is a general automotive repair business in Oakland, California, classified under NAICS 811111. It was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,850,000, approved by Fifth Third Bank on September 25, 2026.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$1,850,000 approvedLender: Fifth Third Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$1,850,000
SBA-guaranteed amount
$1,387,500 (75% of the approval)
Lender
Fifth Third Bank, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
September 25, 2051 (estimated, approval date plus term)
Estimated monthly payment
$15,525 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
4
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Alameda County, CA
SBA district office
San Francisco District Office
Congressional district
CA-13
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 81% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in California: $1,688,228.

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 California