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Three Daughters Automotive LLC

Spokane Valley, WA · General Automotive Repair · NAICS 811111

Three Daughters Automotive LLC, located in Spokane Valley, Washington, operates in the general automotive repair industry (NAICS 811111). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $594,000, approved on October 23, 2024, through Gesa CU.

SBA 7(a) loan, change of ownership, approved Oct 23, 2024

$594,000 approvedLender: Gesa CU10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$594,000
SBA-guaranteed amount
$445,500 (75% of the approval)
Lender
Gesa CU, Richland, WA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
October 23, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,768 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Spokane County, WA
SBA district office
Seattle District Office
Congressional district
WA-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 10% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington