Main Street Registry

DR Auto Service LLC

Walnutport, PA · General Automotive Repair · NAICS 811111

DR Auto Service LLC is a general automotive repair business in Walnutport, PA, classified under NAICS 811111 (General Automotive Repair). The company was financed with an SBA 7(a) loan for a change of ownership totaling $678,000, approved by First Internet Bank of Indiana on June 12, 2025.

SBA 7(a) loan, change of ownership, approved Jun 12, 2025

$678,000 approvedLender: First Internet Bank of Indiana25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$678,000
SBA-guaranteed amount
$508,500 (75% of the approval)
Lender
First Internet Bank of Indiana, Fishers, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
June 12, 2050 (estimated, approval date plus term)
Estimated monthly payment
$6,161 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Northampton County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 20% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Pennsylvania: $1,636,965.

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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Same industry in Pennsylvania