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Nagpal Auto Village LLC

Holden, MA · General Automotive Repair · NAICS 811111

Nagpal Auto Village LLC is a general automotive repair business located in Holden, Massachusetts, classified under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership of $965,000, approved on March 18, 2026, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Mar 18, 2026

$965,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$965,000
SBA-guaranteed amount
$723,750 (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
8.25%, variable
Term
10 years (120 months)
Estimated maturity
March 18, 2036 (estimated, approval date plus term)
Estimated monthly payment
$11,836 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 6, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Worcester County, MA
SBA district office
Massachusetts District Office
Congressional district
MA-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 42% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Massachusetts: $1,643,977.

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 Massachusetts