General Automotive Repair acquisitions in Missouri: SBA loan data
Since FY2018, SBA lenders have approved 33 7(a) loans to buy an existing business classified as General Automotive Repair in Missouri, totaling $24.1M. The median loan was $553,000. That is 3.0% of the 1,098 acquisition loans in Missouri.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
How this compares
The median General Automotive Repair loan in Missouri is in line with the $580,000 median for all Missouri acquisitions, and in line with the $562,500 median for General Automotive Repair acquisitions nationwide (1,089 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 4.4% of seasoned General Automotive Repair acquisition loans were charged off, and 2.9% of seasoned Missouri acquisition loans of any type.
General Automotive Repair acquisition loans in Missouri by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $1.7M | $558,000 | |
| FY2019 | 6 | $3.2M | $510,000 | |
| FY2020 | 2 | $548K | $273,750 | |
| FY2021 | 6 | $4.5M | $529,250 | |
| FY2022 | 1 | $120K | $120,000 | |
| FY2023 | 4 | $2.5M | $484,750 | |
| FY2024 | 6 | $5.8M | $483,250 | |
| FY2025 | 2 | $2M | $995,600 | |
| FY2026 | 3 | $3.8M | $1,050,000 |
How often do these acquisition loans fail?
Fewer than 20 General Automotive Repair in Missouri acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | American Bank of Freedom | 5 | 15.2% | $4M | |
| 2 | Live Oak Banking Company | 3 | 9.1% | $5M | |
| 3 | Midwest Regional Bank | 3 | 9.1% | $2.5M | |
| 4 | The Bank of Houston | 3 | 9.1% | $2.3M | |
| 5 | Regent Bank | 2 | 6.1% | $2.3M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Tire Pros | 1 | 3.0% | $756K | |
| 2 | NAPA AutoCare | 1 | 3.0% | $260K |
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for General Automotive Repair acquisitions in Missouri run?
The median SBA 7(a) loan was $553,000 across 33 loans (FY2018 to FY2026), with the middle half between $279,000 and $968,000. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance General Automotive Repair acquisitions in Missouri?
American Bank of Freedom (5), Live Oak Banking Company (3), Midwest Regional Bank (3), The Bank of Houston (3), Regent Bank (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do General Automotive Repair acquisition loans fail in Missouri?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of General Automotive Repair acquisitions in Missouri?
2 of the 33 loans (6%) involved a franchise brand, most often Tire Pros (1).
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Missouri acquisitions
- Financing one? How to get an SBA loan to buy an auto repair shop
- General Automotive Repair nationally
- General Automotive Repair in California
- General Automotive Repair in Texas
- General Automotive Repair in Florida
- General Automotive Repair in Minnesota
- General Automotive Repair in Illinois
- General Automotive Repair in Colorado
- General Automotive Repair in Arizona
- General Automotive Repair in Washington
- Full-Service Restaurants in Missouri
- Hotels and Motels in Missouri
- Limited-Service Restaurants in Missouri
- Plumbing, Heating, and Air-Conditioning Contractors in Missouri
- All Other Specialty Trade Contractors in Missouri
- Car Washes in Missouri
- Child Care Services in Missouri
- Fitness and Recreational Sports Centers in Missouri
Small samples move a lot: each loan in this combination is 3% of the count. Industry is the NAICS code the lender recorded. See the methodology.