Main Street Registry

West State Motorsport LLC

Auburn, WA · Used Car Dealers · NAICS 441120

West State Motorsport LLC is a used car dealer in Auburn, Washington, classified under NAICS 441120. The company financed real estate or equipment through an SBA 504 loan of $1,570,000, approved February 24, 2026, with O Bee Credit Union as the lending bank and Evergreen Business Capital as the certified development company.

SBA 504 loan, approved Feb 24, 2026

$1,570,000 SBA portionCDC: Evergreen Business Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,570,000
Bank portion
$1,901,871
Estimated project size
$3,857,634 (estimated)
Estimated owner equity
$385,763 (estimated, about 10% of the project)
Bank lender
O Bee Credit Union, Lacey, WA
CDC
Evergreen Business Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 24, 2051 (estimated, approval date plus term)
First disbursement
Jul 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
441120, Used Car Dealers
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-8
Collateral
Yes

Estimated share of project by source

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

  • Larger than 50% of expansion loans in Used Car Dealers on this site.
  • Average expansion loan in Used Car Dealers: $1,930,870.
  • Average expansion loan in Washington: $2,234,716.

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 Washington