Sine Auto Enterprises LLC
Sine Auto Enterprises LLC is located in Ann Arbor, MI, and the SBA lists its industry as All Other Automotive Repair and Maintenance. It was approved for an SBA 7(a) loan of $889,800 for a change of ownership on April 24, 2025.
SBA 7(a) loan, change of ownership, approved Apr 24, 2025
- Gross approval
- $889,800
- SBA-guaranteed amount
- $667,350 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,562 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 811198, All Other Automotive Repair and Maintenance
- Project location
- Washtenaw County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in All Other Automotive Repair and Maintenance on this site.
- Average acquisition loan in All Other Automotive Repair and Maintenance: $1,674,977.
- 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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