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Steve Garwood Motorsports LLC — SBA Loan Record (Lexington, NC) | DealRoom

Intelligence/Motorcycle, ATV, and All Other Motor Vehicle Dealers/NC

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SBA lending record

Steve Garwood Motorsports LLC

510 National Blvd, Lexington, NC 27292 · Motorcycle, ATV, and All Other Motor Vehicle Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$300K

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 Steve Garwood Motorsports LLC 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

$300,000 — FY2025

Gross approval: $300,000
SBA guaranteed: $225,000 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/5/2024
First disbursement: 12/6/2024
Days to fund: 1 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 4
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Motorcycle, ATV, and All Other Motor Vehicle Dealers
NAICS code: 441227
Lender: City National Bank of Florida
Address: 510 National Blvd
City: Lexington, 27292
County: Davidson
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 13

The lender

City National Bank of Florida

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 motorcycle, atv, and all other motor vehicle dealers — by location, industry.

SBA lenders in North Carolina Lenders for motorcycle, atv, and all other motor vehicle dealers Motorcycle, ATV, and All Other Motor Vehicle Dealers lenders in North Carolina

Similar businesses

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

B&B Powersports LLC

Asheboro, NC· ~27 mi

Motorcycle, ATV, and All Other Motor Vehicle Dealers

$349K
SBA financing: ≈ $684K–$1.1M
Est. revenue (rough)

FLIP IT POWERSPORTS LLC

Galax, VA· ~65 mi

Motorcycle, ATV, and All Other Motor Vehicle Dealers

$400K
SBA financing: ≈ $784K–$1.3M
Est. revenue (rough)

Golf Cart Outlet of Mount Airy, LLC

Mount Airy, NC· ~52 mi

Motorcycle, ATV, and All Other Motor Vehicle Dealers

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

BEST DEAL MOTORSPORTS, LLC

Shelby, NC· ~86 mi

Motorcycle, ATV, and All Other Motor Vehicle Dealers

$181K
SBA financing: ≈ $354K–$591K
Est. revenue (rough)

Trailer Connections LLC

Rocky Mount, VA· ~79 mi

Motorcycle, ATV, and All Other Motor Vehicle Dealers

$549K
SBA financing: ≈ $1.1M–$1.8M
Est. revenue (rough)

Motoary, Inc.

Greensboro, NC· ~28 mi

Kawasaki - Dealer Term Sales and Service Agreement

$1.4M
SBA financing: ≈ $2.7M–$4.5M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Steve Garwood Motorsports LLC in Lexington, NC (Motorcycle, ATV, and All Other Motor Vehicle Dealers). 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 $300K
On record FY2025
4 jobs supported
Industry: Motorcycle, ATV, and All Other Motor Vehicle Dealers
Location: Lexington, NC
Lender: City National Bank of Florida

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Motorcycle, ATV, and All Other Motor Vehicle Dealers businesses in NC for ~$300k 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/steve-garwood-motorsports-llc-nc
API:: https://dealroom.so/api/public/businesses/steve-garwood-motorsports-llc-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 Steve Garwood Motorsports LLC 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 Steve Garwood Motorsports LLC.