Main Street Registry

Metro Auto Repair Business Corp.

Bensenville, IL · General Automotive Repair · NAICS 811111

Metro Auto Repair Business Corp. is a general automotive repair business located in Bensenville, Illinois, classified under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership totaling $877,200, approved on September 22, 2026, through Citizens Bank.

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

$877,200 approvedLender: Citizens Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$877,200
SBA-guaranteed amount
$657,900 (75% of the approval)
Lender
Citizens Bank, Elizabethton, TN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
September 22, 2051 (estimated, approval date plus term)
Estimated monthly payment
$7,512 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
4
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Dupage County, IL
SBA district office
Illinois District Office
Congressional district
IL-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 36% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Illinois: $1,796,780.

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 Illinois