Main Street Registry

Wilson Collision And Auto Repair, Inc.

Chippewa Falls, WI · General Automotive Repair · NAICS 811111

Wilson Collision And Auto Repair, Inc. is a general automotive repair business located in Chippewa Falls, Wisconsin, under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,606,500, approved on December 13, 2023 by CCFBank National Association.

SBA 7(a) loan, change of ownership, approved Dec 13, 2023

$1,606,500 approvedLender: CCFBank National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,606,500
SBA-guaranteed amount
$1,204,875 (75% of the approval)
Lender
CCFBank National Association, Altoona, WI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
25 years (300 months)
Estimated maturity
December 13, 2048 (estimated, approval date plus term)
Estimated monthly payment
$15,456 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 22, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Chippewa County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 74% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Wisconsin: $1,729,230.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Wisconsin