ING Chauffeured Transportation, LLC
ING Chauffeured Transportation, LLC is a limousine service business located in Washington, DC, classified under NAICS code 485320 (Limousine Service). The company was financed with an SBA 7(a) loan for a change of ownership totaling $3,590,200, approved on June 18, 2026, by Climate First Bank.
SBA 7(a) loan, change of ownership, approved Jun 18, 2026
$3,590,200 approvedLender: Climate First Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,590,200
- SBA-guaranteed amount
- $2,692,650 (75% of the approval)
- Lender
- Climate First Bank, St. Petersburg, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 18, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $45,479 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 6, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 485320, Limousine Service
- Project location
- District of Columbia County, DC
- SBA district office
- Washington District Office
- Congressional district
- DC-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Limousine Service: $1,584,260.
- Average acquisition loan in District of Columbia: $1,591,564.
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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