Westfall Business Group Inc.
Westfall Business Group Inc. is located in Pensacola, FL, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 7(a) loan of $2,885,000 for a change of ownership on July 18, 2025.
SBA 7(a) loan, change of ownership, approved Jul 18, 2025
- Gross approval
- $2,885,000
- SBA-guaranteed amount
- $2,163,750 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $35,770 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Franchise
- AAMCO Transmissions and Total Car Care
- Project location
- Escambia County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Florida: $1,808,559.
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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