Dts Automotive, Inc
Dts Automotive, Inc is located in Milwaukie, OR, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $928,000 for a change of ownership on March 29, 2024.
SBA 7(a) loan, change of ownership, approved Mar 29, 2024
- Gross approval
- $928,000
- SBA-guaranteed amount
- $696,000 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 29, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $13,047 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 19, 2024
- Loan status
- Paid in full
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Franchise
- AAMCO Transmissions and Total Car Care
- Project location
- Clackamas County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 39% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Oregon: $1,946,167.
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.
Same industry in Oregon
- Mid-Valley Auto Body & Service Center Inc., Woodburn
- PHX Automotive, Inc., Phoenix