Arizona Tire Outlet, LLC
Arizona Tire Outlet, LLC is located in Mesa, Arizona, and is classified under All Other Automotive Repair and Maintenance (NAICS 811198). The company was financed with an SBA 7(a) loan for a change of ownership of $1,482,400, approved by The Bancorp Bank National Association on April 1, 2025.
SBA 7(a) loan, change of ownership, approved Apr 1, 2025
$1,482,400 approvedLender: The Bancorp Bank National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,482,400
- SBA-guaranteed amount
- $1,111,800 (75% of the approval)
- Lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 1, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $11,937 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 811198, All Other Automotive Repair and Maintenance
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 45% of acquisition loans in All Other Automotive Repair and Maintenance on this site.
- Average acquisition loan in All Other Automotive Repair and Maintenance: $1,674,977.
- Average acquisition loan in Arizona: $1,690,811.
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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