Main Street Registry

Hobson Martinsville CDJR, LLC

Martinsville, IN · New Car Dealers · NAICS 441110

Hobson Martinsville CDJR, LLC is a new car dealer located in Martinsville, Indiana, classified under NAICS 441110 (New Car Dealers) and operating under a Chrysler sales and service agreement. The company financed real estate or equipment through an SBA 504 loan of $1,983,000, with KeyBank, NA as the bank and Premier Capital Corporation as the certified development company, with the loan approved on April 25, 2024.

SBA 504 loan, approved Apr 25, 2024

$1,983,000 SBA portionCDC: Premier Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,983,000
Bank portion
$6,640,000
Estimated project size
$9,581,111 (estimated)
Estimated owner equity
$958,111 (estimated, about 10% of the project)
Bank lender
KeyBank, NA, Indianapolis, IN
CDC
Premier Capital Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 25, 2049 (estimated, approval date plus term)
First disbursement
Feb 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
25
Business type
Corporation
NAICS
441110, New Car Dealers
Franchise
Chrysler - Sales and Service Agreement
Project location
Morgan County, IN
SBA district office
Indiana District Office
Congressional district
IN-4
Collateral
Yes

Estimated share of project by source

Bank 69% SBA (CDC) 21% Owner 10%

  • Larger than 33% of expansion loans in New Car Dealers on this site.
  • Average expansion loan in New Car Dealers: $3,138,111.
  • Average expansion loan in Indiana: $2,227,963.

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 Indiana