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General Automotive Repair: SBA acquisition loans in North Carolina
17 SBA-financed business acquisitions in North Carolina classified as General Automotive Repair, FY2024–FY2026. Median loan $719K. See which lenders did them.
- Acquisitions financed
- 17
- Total approved
- $15.6M
- Median loan
- $719K
- Middle half of loans
- $450K to $1.5M
- Median starting rate
- 10.00%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 4 | 24% | $458K | $2.6M |
| 2 | The Fidelity Bank | 3 | 18% | $1.5M | $4.2M |
| 3 | Truliant FCU | 3 | 18% | $719K | $2.6M |
| 4 | American Momentum Bank | 1 | 6% | $2.1M | $2.1M |
| 5 | Celtic Bank Corporation | 1 | 6% | $1.5M | $1.5M |
| 6 | Fifth Third Bank | 1 | 6% | $963K | $963K |
| 7 | The Bancorp Bank National Association | 1 | 6% | $686K | $686K |
| 8 | Bank of Oak Ridge | 1 | 6% | $356K | $356K |
| 9 | Mechanics and Farmers Bank | 1 | 6% | $274K | $274K |
| 10 | Lendistry SBLC, LLC | 1 | 6% | $229K | $229K |
For comparison, the same industry nationwide: 485 loans, median $686K, median starting rate 9.50%. See General Automotive Repair in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.