TrustRock Automotive LLC
TrustRock Automotive LLC, located in San Antonio, Texas, operates in general automotive repair (NAICS 811111). The company was financed with an SBA 7(a) loan for a change of ownership of $1,323,500, approved on May 5, 2025, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved May 5, 2025
$1,323,500 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,323,500
- SBA-guaranteed amount
- $992,625 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.6%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- May 5, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $9,867 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Bexar County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-20
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 61% 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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