Andy's Auto Color, Inc.
Andy's Auto Color, Inc. is a general automotive repair business located in Middleton, Wisconsin, under NAICS code 811111. It was financed with an SBA 7(a) loan for a change of ownership of $1,218,300, approved on September 18, 2026, through Lake Ridge Bank.
SBA 7(a) loan, change of ownership, approved Sep 18, 2026
$1,218,300 approvedLender: Lake Ridge Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,218,300
- SBA-guaranteed amount
- $913,725 (75% of the approval)
- Lender
- Lake Ridge Bank, Middleton, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.15%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- September 18, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $14,240 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Dane County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 56% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Wisconsin: $1,729,230.
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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