Main Street Registry

Today's European Cars, Inc.

Houston, TX · General Automotive Repair · NAICS 811111

Today's European Cars, Inc. is a general automotive repair business located in Houston, Texas, in the General Automotive Repair industry (NAICS 811111). The business was financed with an SBA 7(a) loan for a change of ownership totaling $626,100, approved on November 13, 2025, through lender T Bank, National Association.

SBA 7(a) loan, change of ownership, approved Nov 13, 2025

$626,100 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$626,100
SBA-guaranteed amount
$469,575 (75% of the approval)
Lender
T Bank, National Association, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
November 13, 2035 (estimated, approval date plus term)
Estimated monthly payment
$8,102 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 14% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Texas: $1,944,682.

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 Texas