KLMN Holdings LLC
KLMN Holdings LLC is an automotive body, paint, and interior repair and maintenance business in Des Moines, Washington, operating as a Carstar franchise. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,689,000, approved through KeyBank National Association and the CDC Evergreen Business Capital, with a date of July 20, 2026.
SBA 504 loan, approved Jul 20, 2026
$2,689,000 SBA portionCDC: Evergreen Business Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,689,000
- Bank portion
- $2,613,000
- Estimated project size
- $5,891,111 (estimated)
- Estimated owner equity
- $589,111 (estimated, about 10% of the project)
- Bank lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 20, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- Franchise
- Carstar
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-7
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 98% of expansion loans in Automotive Body, Paint, and Interior Repair and Maintenance on this site.
- Average expansion loan in Automotive Body, Paint, and Interior Repair and Maintenance: $1,613,705.
- Average expansion loan in Washington: $2,234,716.
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 Washington
- ProStar Collision, Ellensburg
- Bill's Collision Center LLC, Moses Lake