Main Street Registry

Strightline Repair LLC

Mesa, AZ · General Automotive Repair · NAICS 811111

Strightline Repair LLC is located in Mesa, AZ, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $563,500 for a change of ownership on March 7, 2025.

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

Gross approval
$563,500
SBA-guaranteed amount
$422,625 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
March 7, 2035 (estimated, approval date plus term)
Estimated monthly payment
$7,447 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Arizona