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Palm Beach Tire Pros & Auto Repair

Lantana, FL · General Automotive Repair · NAICS 811111

Palm Beach Tire Pros & Auto Repair, located in Lantana, FL, operates in the general automotive repair industry (NAICS 811111) and is a Tire Pros franchise. The business financed real estate or equipment through an SBA 504 loan of $1,026,000, with a total project amount of $1,159,550, approved on June 5, 2025, through Bank of America, National Association and Florida First Capital Finance Corporation, Inc. The loan supports 15 jobs.

SBA 504 loan, approved Jun 5, 2025

$1,026,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,026,000
Bank portion
$1,159,550
Estimated project size
$2,428,389 (estimated)
Estimated owner equity
$242,839 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
June 5, 2050 (estimated, approval date plus term)
First disbursement
Nov 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
811111, General Automotive Repair
Franchise
Tire Pros
Project location
Palm Beach County, FL
SBA district office
South Florida District Office
Congressional district
FL-21
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

  • Larger than 9% of expansion loans in General Automotive Repair on this site.
  • Average expansion loan in General Automotive Repair: $1,564,197.
  • Average expansion loan in Florida: $2,058,496.

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 Florida