Lender intelligence
Financing a general automotive repair acquisition in Rhode Island
The SBA 7(a) lenders funding the most general automotive repair acquisitions in Rhode Island, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in general automotive repair · Rhode Island
Ranked by funded general automotive repair acquisitions in Rhode Island. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
1+ funded General Automotive Repair in Rhode Island deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- NAGPAL AUTO AW LLC in Smithfield, RI — $960K (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $720K (75%)
- Approval → funding
- 15 days
- Approved
- 6/18/2025
- First disbursed
- 7/3/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $107K
- Est. cash at closing
- $146K
- Monthly payment
- $8,056
- Annual debt service
- $97K
- Cash flow needed (1.25×)
- $121K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to general automotive repair businesses with a Rhode Island project address.
Agent summary
How to finance a general automotive repair acquisition in Rhode Island with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Rhode Island deals. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $566K typical loan
- 1 lenders active in Rhode Island
- 1+ funded Rhode Island deals
- 15 days typical to fund
Buyers buying a general automotive repair in Rhode Island typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.