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Total Auto Care Minneapolis LLC

Minneapolis, MN · General Automotive Repair · NAICS 811111

Total Auto Care Minneapolis LLC is a general automotive repair business in Minneapolis, Minnesota, classified under NAICS code 811111. The company financed real estate or equipment through an SBA 504 loan of $1,012,000 with a total project value of $1,235,000, approved on August 22, 2025 through PremierBank and the WBD, Inc. certified development company, and the loan was not funded.

SBA 504 loan, approved Aug 22, 2025

$1,012,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,012,000
Bank portion
$1,235,000
Estimated project size
$2,496,667 (estimated)
Estimated owner equity
$249,667 (estimated, about 10% of the project)
Bank lender
PremierBank, Fort Atkinson, WI
CDC
WBD, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 22, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
14
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Hennepin County, MN
SBA district office
Minnesota District Office
Congressional district
MN-5
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 1% of expansion loans in General Automotive Repair on this site.
  • Average expansion loan in General Automotive Repair: $1,564,197.
  • Average expansion loan in Minnesota: $2,136,981.

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 Minnesota