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General Automotive Repair: SBA acquisition loans in Virginia
16 SBA-financed business acquisitions in Virginia classified as General Automotive Repair, FY2024–FY2026. Median loan $437K. See which lenders did them.
- Acquisitions financed
- 16
- Total approved
- $17.2M
- Median loan
- $437K
- Middle half of loans
- $343K to $1.6M
- Median starting rate
- 8.62%
- 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 | 6 | 38% | $1.1M | $6.6M |
| 2 | Pathward National Association | 2 | 12% | $2.5M | $5.0M |
| 3 | Shoreham Bank | 1 | 6% | $1.9M | $1.9M |
| 4 | Metro City Bank | 1 | 6% | $1.8M | $1.8M |
| 5 | Fulton Bank, National Association | 1 | 6% | $374K | $374K |
| 6 | Potomac Bank | 1 | 6% | $350K | $350K |
| 7 | SouthState Bank, National Association | 1 | 6% | $350K | $350K |
| 8 | Primis Bank | 1 | 6% | $343K | $343K |
| 9 | TowneBank | 1 | 6% | $340K | $340K |
| 10 | Pendleton Community Bank Inc | 1 | 6% | $120K | $120K |
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.