Inland Truck Repair Inc
Inland Truck Repair Inc, based in Orlando, Florida, operates in General Automotive Repair (NAICS 811111). The company was financed with an SBA 7(a) loan for a change of ownership of $3.58 million, approved on June 30, 2025, through First Horizon Bank.
SBA 7(a) loan, change of ownership, approved Jun 30, 2025
$3,584,000 approvedLender: First Horizon Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,584,000
- SBA-guaranteed amount
- $2,688,000 (75% of the approval)
- Lender
- First Horizon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $28,258 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Orange County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 97% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Florida: $1,808,559.
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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