Truck Outfitters
Truck Outfitters is a business in Garner, North Carolina, in the automotive parts and accessories retailers industry (NAICS 441330). The company was financed with an SBA 7(a) loan for a change of ownership of $840,500, approved on January 28, 2026, through The Bancorp Bank National Association.
SBA 7(a) loan, change of ownership, approved Jan 28, 2026
$840,500 approvedLender: The Bancorp Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $840,500
- SBA-guaranteed amount
- $630,375 (75% of the approval)
- Lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,087 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 23, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- Wake County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 38% of acquisition loans in Automotive Parts and Accessories Retailers on this site.
- Average acquisition loan in Automotive Parts and Accessories Retailers: $1,270,623.
- Average acquisition loan in North Carolina: $1,952,444.
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 North Carolina
- 3SX Performance Auto Parts, Inc., Concord