Main Street Registry

Meineke

Ewing, NJ · General Automotive Repair · NAICS 811111

Meineke is located in Ewing, NJ, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $3,771,500 for a change of ownership on September 22, 2026.

SBA 7(a) loan, change of ownership, approved Sep 22, 2026

Gross approval
$3,771,500
SBA-guaranteed amount
$2,828,625 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
12 years, 2 months (146 months)
Estimated maturity
November 22, 2038 (estimated, approval date plus term)
Estimated monthly payment
$39,975 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
34
Business type
Corporation
NAICS
811111, General Automotive Repair
Franchise
Meineke Car Care Center
Project location
Mercer County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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 New Jersey