City Collision Repair II LLC
City Collision Repair II LLC is an automotive body, paint, and interior repair and maintenance business in Oklahoma City, Oklahoma. It was financed with an SBA 7(a) loan for a change of ownership of $4.267 million, approved on July 1, 2025 by BancFirst. The loan reports 38 jobs.
SBA 7(a) loan, change of ownership, approved Jul 1, 2025
$4,267,000 approvedLender: BancFirst25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,267,000
- SBA-guaranteed amount
- $3,200,250 (75% of the approval)
- Lender
- BancFirst, Oklahoma City, OK
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 1, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $33,643 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 38
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- Project location
- Oklahoma County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in Automotive Body, Paint, and Interior Repair and Maintenance on this site.
- Average acquisition loan in Automotive Body, Paint, and Interior Repair and Maintenance: $1,738,412.
- Average acquisition loan in Oklahoma: $1,861,759.
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.
Is this your company? Claim or correct this listing. See Corrections.