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MY CAR INC — SBA Loan Record (South Houston, TX) | DealRoom

Intelligence/Automobile and Other Motor Vehicle Merchant Wholesalers/TX

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SBA lending record

MY CAR INC

506 Spencer Hwy, South Houston, TX 77587 · 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.

$250K

Total SBA financing

1

Loan on record

FY2025

On record

4

Jobs supported

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

Is MY CAR 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

$250,000 — FY2025

Gross approval: $250,000
SBA guaranteed: $212,500 (85%)
Status: Current
Rate at approval: 10.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/6/2025
First disbursement: 3/7/2025
Days to fund: 60 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 4
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
NAICS code: 423110
Lender: Northeast Bank
Address: 506 Spencer Hwy
City: South Houston, 77587
County: Harris
SBA district office: HOUSTON DISTRICT OFFICE
Congressional district: 29

The lender

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

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.

A & T Motors Inc

Houston, TX· ~18 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

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

DOTSON & FRANCIS LLC

Houston, TX· ~18 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

Scruggs Distribution LLC

Houston, TX· ~2 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$5.0M
SBA financing: ≈ $9.8M–$16M
Est. revenue (rough)

GREATER HOUSTON GOLF CARS, LLC

Hempstead, TX· ~61 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

H&M Lone Star Investment LLC

Houston, TX· ~19 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$1.4M
SBA financing: ≈ $2.8M–$4.7M
Est. revenue (rough)

Sigma Trade LLC

Conroe, TX· ~41 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$933K
SBA financing: ≈ $1.8M–$3.0M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for MY CAR INC in South Houston, TX (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 $250K
On record FY2025
4 jobs supported
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
Location: South Houston, TX
Lender: Northeast 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 TX for ~$250k 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/my-car-inc-tx
API:: https://dealroom.so/api/public/businesses/my-car-inc-tx
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 MY CAR 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 MY CAR INC.