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Quick Service Center Auto Repair, LLC

Madison Heights, MI · General Automotive Repair · NAICS 811111

Quick Service Center Auto Repair, LLC is a general automotive repair business in Madison Heights, Michigan, classified under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $600,000, approved through United FCU on July 8, 2025.

SBA 7(a) loan, change of ownership, approved Jul 8, 2025

$600,000 approvedLender: United FCU25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$600,000
SBA-guaranteed amount
$450,000 (75% of the approval)
Lender
United FCU, Saint Joseph, MI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
25 years (300 months)
Estimated maturity
July 8, 2050 (estimated, approval date plus term)
Estimated monthly payment
$5,558 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 23, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Oakland County, MI
SBA district office
Michigan District Office
Congressional district
MI-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 11% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Michigan: $1,645,728.

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 Michigan