Naryan Auto Group
Naryan Auto Group, located in Philadelphia, PA, operates in the used car dealers industry (NAICS 441120). The business was financed with an SBA 7(a) loan for a change of ownership of $1.7 million, approved on November 17, 2025, through First Internet Bank of Indiana. The loan records list 10 jobs.
SBA 7(a) loan, change of ownership, approved Nov 17, 2025
$1,700,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,700,000
- SBA-guaranteed amount
- $1,275,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 17, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $22,231 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 441120, Used Car Dealers
- Project location
- Philadelphia County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in Used Car Dealers on this site.
- Average acquisition loan in Used Car Dealers: $2,484,440.
- Average acquisition loan in Pennsylvania: $1,636,965.
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 Pennsylvania
- All Access Automotive, New Brighton