On The Road Truck Repair & Services, Inc
On The Road Truck Repair & Services, Inc is located in Toccoa, Georgia, and operates in the other support activities for road transportation industry. The company was financed with an SBA 7(a) loan for a change of ownership of $2.1 million, approved in September 2026 by First-Citizens Bank & Trust Company.
SBA 7(a) loan, change of ownership, approved Sep 23, 2026
$2,100,000 approvedLender: First-Citizens Bank & Trust Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,100,000
- SBA-guaranteed amount
- $1,575,000 (75% of the approval)
- Lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $27,173 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 488490, Other Support Activities for Road Transportation
- Project location
- Stephens County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Support Activities for Road Transportation: $1,895,671.
- Average acquisition loan in Georgia: $2,017,638.
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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