Deja Automotive LLC
Deja Automotive LLC is located in Temecula, CA, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on June 21, 2024.
SBA 7(a) loan, change of ownership, approved Jun 21, 2024
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 21, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,030 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Riverside County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-42
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- 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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