Pro Automotive Services Inc
Pro Automotive Services Inc, located in Englewood, CO, operates in automotive body, paint, and interior repair and maintenance. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $3.9 million approved on July 14, 2025, through lender MidFirst Bank.
SBA 7(a) loan, change of ownership, approved Jul 14, 2025
$3,903,300 approvedLender: MidFirst Bank23 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,903,300
- SBA-guaranteed amount
- $2,927,475 (75% of the approval)
- Lender
- MidFirst Bank, Oklahoma City, OK
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7%, fixed
- Term
- 23 years (276 months)
- Estimated maturity
- July 14, 2048 (estimated, approval date plus term)
- Estimated monthly payment
- $28,491 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in Automotive Body, Paint, and Interior Repair and Maintenance on this site.
- Average acquisition loan in Automotive Body, Paint, and Interior Repair and Maintenance: $1,738,412.
- Average acquisition loan in Colorado: $1,608,658.
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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