Marlins Auto Service, Inc.
Marlins Auto Service, Inc. is located in Lynden, WA, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $1,597,000 for a change of ownership on July 6, 2026.
SBA 7(a) loan, change of ownership, approved Jul 6, 2026
- Gross approval
- $1,597,000
- SBA-guaranteed amount
- $1,197,750 (75% of the approval)
- Lender
- Peoples Bank, Bellingham, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.63%, variable
- Term
- 19 years (228 months)
- Estimated maturity
- July 6, 2045 (estimated, approval date plus term)
- Estimated monthly payment
- $12,336 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Whatcom County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Washington: $1,784,595.
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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