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POTEAT'S TRANSMISSION PARTS INC. — SBA Loan Record (Kannapolis, NC) | DealRoom

Intelligence/Automotive Parts and Accessories Stores/NC

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SBA lending record

POTEAT'S TRANSMISSION PARTS INC.

1906 N Main St,, Kannapolis, NC 28081 · Automotive Parts and Accessories Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$50K

Total SBA financing

1

Loan on record

FY2022

On record

6

Jobs supported

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

Is POTEAT'S TRANSMISSION PARTS 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

$50,000 — FY2022

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: In workout — SBA bought the guarantee
Rate at approval: 12% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/26/2022
First disbursement: 10/5/2022
Days to fund: 9 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 6
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Automotive Parts and Accessories Stores
NAICS code: 441310
Lender: Newtek Small Business Finance, Inc.
Address: 1906 N Main St,
City: Kannapolis, 28081
County: Rowan
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 8

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding automotive parts and accessories stores — by location, industry.

SBA lenders in North Carolina Lenders for automotive parts and accessories stores Automotive Parts and Accessories Stores lenders in North Carolina

Similar businesses

Comparable automotive parts and accessories stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

American Shade, Inc

Mooresville, NC· ~12 mi

Automotive Parts and Accessories Stores

$685K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

Boostworx Corporation

Chesterfield, VA· ~210 mi

Automotive Parts and Accessories Stores

$95K
SBA financing: ≈ $186K–$310K
Est. revenue (rough)

Diftech LLC

Huntington Beach, CA· ~2117 mi

Automotive Parts and Accessories Stores

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

ADDICTION MOTORSPORTS INC

Simi Valley, CA· ~2152 mi

Automotive Parts and Accessories Stores

$84K
SBA financing: ≈ $164K–$273K
Est. revenue (rough)

Seaside Tires and Wheels LLC

Wilmington, NC· ~178 mi

Automotive Parts and Accessories Stores

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

F6RTY KUSTOMZ LLC

Las Vegas, NV· ~1933 mi

Automotive Parts and Accessories Stores

$40K
SBA financing: ≈ $78K–$131K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for POTEAT'S TRANSMISSION PARTS INC. in Kannapolis, NC (Automotive Parts and Accessories Stores). 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 $50K
On record FY2022
6 jobs supported
Industry: Automotive Parts and Accessories Stores
Location: Kannapolis, NC
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Automotive Parts and Accessories Stores businesses in NC for ~$50k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/poteat-s-transmission-parts-inc-nc
API:: https://dealroom.so/api/public/businesses/poteat-s-transmission-parts-inc-nc
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 POTEAT'S TRANSMISSION PARTS 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 POTEAT'S TRANSMISSION PARTS INC..