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LOUIS AUTO SALES INC — SBA Loan Record (Redford, MI) | DealRoom

Intelligence/Automobile and Other Motor Vehicle Merchant Wholesalers/MI

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SBA lending record

LOUIS AUTO SALES INC

25615 PLYMOUTH RD, Redford, MI 48239 · Automobile and Other Motor Vehicle Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$185K

Total SBA financing

1

Loan on record

FY2023

On record

1

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is LOUIS AUTO SALES INC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$185,000 — FY2023

Gross approval: $185,000
SBA guaranteed: $138,750 (75%)
Status: Paid in full
Rate at approval: 10.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/2/2023
First disbursement: 5/12/2023
Days to fund: 10 days
Paid in full: 11/30/2023
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
NAICS code: 423110
Lender: First Merchants Bank
Address: 25615 PLYMOUTH RD
City: Redford, 48239
County: Wayne
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 11

The lender

First Merchants Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding automobile and other motor vehicle merchant wholesalers — by location, industry.

SBA lenders in Michigan Lenders for automobile and other motor vehicle merchant wholesalers Automobile and Other Motor Vehicle Merchant Wholesalers lenders in Michigan

Similar businesses

Comparable automobile and other motor vehicle merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

SAAD AUTO PARTS INC

Dearborn Heights, MI· ~7 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Birmingham Medical Systems Company

Birmingham, MI· ~13 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$440K
SBA financing: ≈ $863K–$1.4M
Est. revenue (rough)

Eagle Aircraft Supply LLC

Westland, MI· ~7 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$514K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

Big Dog Marine LLC

Highland, MI· ~25 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

EVERGETIC LLC

Lansing, MI· ~73 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$91K
SBA financing: ≈ $178K–$296K
Est. revenue (rough)

GPSI, L.L.C.

Madison Heights, MI· ~13 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$3.0M
SBA financing: ≈ $5.9M–$9.9M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for LOUIS AUTO SALES INC in Redford, MI (Automobile and Other Motor Vehicle Merchant Wholesalers). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $185K
On record FY2023
1 jobs supported
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
Location: Redford, MI
Lender: First Merchants Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Automobile and Other Motor Vehicle Merchant Wholesalers businesses in MI for ~$185k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/louis-auto-sales-inc-mi
API:: https://dealroom.so/api/public/businesses/louis-auto-sales-inc-mi
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is LOUIS AUTO SALES INC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with LOUIS AUTO SALES INC.