Main Street Registry

Harada Automotive Corp

Shingle Springs, CA · Automotive Parts and Accessories Retailers · NAICS 441330

Harada Automotive Corp is located in Shingle Springs, CA, and the SBA lists its industry as Automotive Parts and Accessories Retailers. It was approved for an SBA 7(a) loan of $727,000 for a change of ownership on February 3, 2025.

SBA 7(a) loan, change of ownership, approved Feb 3, 2025

Gross approval
$727,000
SBA-guaranteed amount
$545,250 (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
8.5%, variable
Term
10 years (120 months)
Estimated maturity
February 3, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,014 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 7, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
441330, Automotive Parts and Accessories Retailers
Project location
El Dorado County, CA
SBA district office
Sacramento District Office
Congressional district
CA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 California