Status Symbol Auto Body
Status Symbol Auto Body is located in Colorado Springs, CO, and the SBA lists its industry as Automotive Body, Paint, and Interior Repair and Maintenance. It was approved for an SBA 7(a) loan of $1,424,500 for a change of ownership on January 26, 2026.
SBA 7(a) loan, change of ownership, approved Jan 26, 2026
- Gross approval
- $1,424,500
- SBA-guaranteed amount
- $1,068,375 (75% of the approval)
- Lender
- Busey Bank, Champaign, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 26, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $18,045 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 24, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- Project location
- El Paso County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 51% 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Colorado
- Level One Restoration, Arvada
- Elevated Auto Body 2 LLC, Elizabeth
- Pro Automotive Services Inc, Englewood
- Stoke Partners, LLC, Greeley