Main Street Registry

Insurance Collision Centers 1

Santa Ana, CA · General Automotive Repair · NAICS 811111

Insurance Collision Centers 1, located in Santa Ana, CA, operates in the general automotive repair industry (NAICS 811111). The company financed real estate or equipment through an SBA 504 loan of $2,643,000, approved on December 8, 2023, with Sunwest Bank as the lending bank and Business Finance Capital as the certified development company.

SBA 504 loan, approved Dec 8, 2023

$2,643,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,643,000
Bank portion
$3,285,000
Estimated project size
$6,586,667 (estimated)
Estimated owner equity
$658,667 (estimated, about 10% of the project)
Bank lender
Sunwest Bank, Sandy, UT
CDC
Business Finance Capital
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
December 8, 2048 (estimated, approval date plus term)
First disbursement
Jun 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
66
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-45
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 93% of expansion loans in General Automotive Repair on this site.
  • Average expansion loan in General Automotive Repair: $1,564,197.
  • Average expansion loan in California: $2,161,468.

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