North Stone Automotive, LLC
North Stone Automotive, LLC is a general automotive repair business located in Tucson, Arizona. The company was financed with an SBA 7(a) loan for a change of ownership of $2.47 million, approved on June 17, 2026, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jun 17, 2026
$2,470,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,470,000
- SBA-guaranteed amount
- $1,852,500 (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
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $29,319 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 1, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Pima County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Arizona: $1,690,811.
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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