Johnson Automotive Realty Group LLC
Johnson Automotive Realty Group LLC is a business in Wabash, Indiana, classified in the New Car Dealers industry (NAICS 441110), and operates under a Chrysler sales and service franchise agreement.
SBA 504 loan, approved Feb 25, 2025
$1,315,000 SBA portionCDC: Community Development Corporation of Fort Wayne25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,315,000
- Bank portion
- $1,604,319
- Estimated project size
- $3,243,688 (estimated)
- Estimated owner equity
- $324,369 (estimated, about 10% of the project)
- Bank lender
- First Merchants Bank, Indianapolis, IN
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 25, 2050 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 441110, New Car Dealers
- Franchise
- Chrysler - Sales and Service Agreement
- Project location
- Wabash County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 8% 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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