Main Street Registry

Town and Country Tire & Auto

Mishawaka, IN · General Automotive Repair · NAICS 811111

Town and Country Tire & Auto is a general automotive repair business in Mishawaka, Indiana, classified under NAICS code 811111. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,030,000, approved by First Internet Bank of Indiana with an approval date of July 24, 2026.

SBA 7(a) loan, change of ownership, approved Jul 24, 2026

$1,030,000 approvedLender: First Internet Bank of Indiana25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,030,000
SBA-guaranteed amount
$772,500 (75% of the approval)
Lender
First Internet Bank of Indiana, Fishers, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
July 24, 2051 (estimated, approval date plus term)
Estimated monthly payment
$8,468 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 28, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
St Joseph County, IN
SBA district office
Indiana District Office
Congressional district
IN-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 47% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Indiana: $1,995,900.

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 Indiana