SBA lending record

HEDON MOTORS

3102 LATROBE DR, Charlotte, NC 28211 · Used Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$500K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

Is HEDON MOTORS 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.

Claim this listing Remove

The loan

$500,000 — FY2024

Gross approval: $500,000
SBA guaranteed: $375,000 (75%)
Status: Current
Rate at approval: 10.99% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/23/2024
First disbursement: 9/25/2024
Days to fund: 2 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 3
Business type: Partnership
Business age: New Business or 2 years or less
Industry: Used Car Dealers
NAICS code: 441120
Lender: Live Oak Banking Company
Address: 3102 LATROBE DR
City: Charlotte, 28211
County: Mecklenburg
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 9

The lender

Live Oak Banking Company

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 used car dealers — by location, industry.

SBA lenders in North Carolina Lenders for used car dealers Used Car Dealers lenders in North Carolina

Similar businesses

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

QUEEN CITY AUTO SALES INC

Charlotte, NC· ~1 mi

Used Car Dealers

$366K
SBA financing: ≈ $717K–$1.2M
Est. revenue (rough)

View record

CARFLEX AUTO INC

Charlotte, NC· ~6 mi

Used Car Dealers

$708K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

View record

GODSPEED MOTORS INC

Charlotte, NC· ~11 mi

Used Car Dealers

$393K
SBA financing: ≈ $771K–$1.3M
Est. revenue (rough)

View record

Hazem Alami

Gastonia, NC· ~21 mi

Used Car Dealers

$474K
SBA financing: ≈ $929K–$1.5M
Est. revenue (rough)

View record

JALISCO MOTORS INC

Charlotte, NC· ~4 mi

Used Car Dealers

$35K
SBA financing: ≈ $69K–$114K
Est. revenue (rough)

View record

PLATINUM AUTO GROUP LLC

Charlotte, NC· ~4 mi

Used Car Dealers

$15K
SBA financing: ≈ $29K–$49K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for HEDON MOTORS in Charlotte, NC (Used Car Dealers). CapBench 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 $500K
On record FY2024
3 jobs supported
Industry: Used Car Dealers
Location: Charlotte, NC
Lender: Live Oak Banking Company

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Used Car Dealers businesses in NC for ~$500k deals, then pre-qualify for 7(a) financing before making an offer. CapBench 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); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/hedon-motors-nc
API:: https://www.capbench.com/api/public/businesses/hedon-motors-nc
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

Is HEDON MOTORS 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.

Claim this listing

Researching a business like this one?

The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with HEDON MOTORS.