Dohn and Burch Tires Inc
Dohn and Burch Tires Inc is located in Madison, Indiana, and operates in the all other automotive repair and maintenance industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.17 million, approved on February 27, 2025 by The New Washington State Bank, and the business is a Big O Tires franchise.
SBA 7(a) loan, change of ownership, approved Feb 27, 2025
$1,170,000 approvedLender: The New Washington State Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,170,000
- SBA-guaranteed amount
- $877,500 (75% of the approval)
- Lender
- The New Washington State Bank, New Washington, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,506 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 811198, All Other Automotive Repair and Maintenance
- Franchise
- Big O Tires - Business Format Franchise / Product Distribution Franchise
- Project location
- Jefferson County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 36% 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 Indiana: $1,995,900.
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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