Shirley Auto Body Holdings LLC
Shirley Auto Body Holdings LLC, located in Mastic, NY, operates in general automotive repair. The company was financed with an SBA 7(a) loan for a change of ownership of $1.3 million, approved on September 29, 2025 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Sep 29, 2025
$1,302,600 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,302,600
- SBA-guaranteed amount
- $976,950 (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
- 10 years (120 months)
- Estimated maturity
- September 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,678 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in New York: $1,771,512.
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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