Lender intelligence
Financing a new car dealers acquisition in Ohio
The SBA 7(a) lenders funding the most new car dealers acquisitions in Ohio, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in new car dealers · Ohio
Ranked by funded new car dealers acquisitions in Ohio. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.328 loans · $134M · Cleveland, OHFull record →
3+ funded New Car Dealers in Ohio 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.
- MMN, LLC in Mentor, OH — $4.5M (2024) · purchase · KeyBank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.4M (75%)
- Approval → funding
- 35 days
- Approved
- 3/28/2024
- First disbursed
- 5/2/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- New Car Dealers
If you were the buyer here
- Est. deal size
- $5.0M
- Est. down payment (10%)
- $500K
- Est. cash at closing
- $692K
- Monthly payment
- $60,721
- Annual debt service
- $729K
- Cash flow needed (1.25×)
- $911K
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 KeyBank National Association · Lender record →
Your business? Claim this record · Request removal
- GERRY RAYMOND AUTOMOTIVE LLC in Steubenville, OH — $2.8M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.5M (90%)
- Approval → funding
- 87 days
- Approved
- 9/21/2021
- First disbursed
- 12/17/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 34
- Business age
- Change of Ownership
- Industry
- New Car Dealers
If you were the buyer here
- Est. deal size
- $3.1M
- Est. down payment (10%)
- $307K
- Est. cash at closing
- $423K
- Monthly payment
- $16,135
- Annual debt service
- $194K
- Cash flow needed (1.25×)
- $242K
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 →
Your business? Claim this record · Request removal
- Wise Chrysler Dodge Jeep Ram in Upper Sandusky, OH — $1.4M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.3M (90%)
- Approval → funding
- 17 days
- Approved
- 9/21/2021
- First disbursed
- 10/8/2021
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- New Car Dealers
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $156K
- Est. cash at closing
- $213K
- Monthly payment
- $8,597
- Annual debt service
- $103K
- Cash flow needed (1.25×)
- $129K
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 →
Your business? Claim this record · Request removal
Financing a new car dealers deal in Ohio? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to new car dealers businesses with a Ohio project address.
Agent summary
How to finance a new car dealers acquisition in Ohio with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Ohio deals. KeyBank National Association funds the most here. DealRoom is not a lender.
- $2.2M typical loan
- 2 lenders active in Ohio
- 3+ funded Ohio deals
- 35 days typical to fund
Buyers buying a new car dealers in Ohio 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 2026-06-16.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.