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General Automotive Repair: SBA acquisition loans in New Jersey
16 SBA-financed business acquisitions in New Jersey classified as General Automotive Repair, FY2024–FY2026. Median loan $708K. See which lenders did them.
- Acquisitions financed
- 16
- Total approved
- $13.8M
- Median loan
- $708K
- Middle half of loans
- $469K to $952K
- Median starting rate
- 9.12%
- Median term
- 16 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 3 | 19% | $933K | $2.4M |
| 2 | Live Oak Banking Company | 2 | 12% | $675K | $1.4M |
| 3 | Customers Bank | 2 | 12% | $493K | $986K |
| 4 | The Huntington National Bank | 2 | 12% | $442K | $884K |
| 5 | The Bancorp Bank National Association | 1 | 6% | $3.8M | $3.8M |
| 6 | Unity Bank | 1 | 6% | $1.2M | $1.2M |
| 7 | Beacon Bank and Trust | 1 | 6% | $800K | $800K |
| 8 | Hyperion Bank | 1 | 6% | $770K | $770K |
| 9 | Truliant FCU | 1 | 6% | $647K | $647K |
| 10 | First Merchants Bank | 1 | 6% | $503K | $503K |
| 11 | Univest Bank and Trust Co | 1 | 6% | $500K | $500K |
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.