Prime Haul Logistics LLC
Prime Haul Logistics LLC is a general automotive repair business in Coatesville, Pennsylvania, classified under NAICS 811111. The business was financed with an SBA 7(a) loan for a change of ownership totaling $2,257,300, approved on August 4, 2026, by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Aug 4, 2026
$2,257,300 approvedLender: The Huntington National Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,257,300
- SBA-guaranteed amount
- $1,692,975 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 4, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $19,331 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Chester County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- 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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