Liverpool Automotive Services LLC
Liverpool Automotive Services LLC, located in Liverpool, NY, operates in the General Automotive Repair industry (NAICS 811111). The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,550,000, from Live Oak Banking Company, with approval dated November 17, 2025.
SBA 7(a) loan, change of ownership, approved Nov 17, 2025
$1,550,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,550,000
- SBA-guaranteed amount
- $1,162,500 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 17, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $19,426 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 3, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Onondaga County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-24
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in New York: $1,771,512.
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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