SBA lending record

Mitchell Driving Solutions, LLC

55400 Timothy Rd, New Carlisle, IN 46552 · Automobile Driving Schools. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$36K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

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

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The loan

$36,300 — FY2020

Gross approval: $36,300
SBA guaranteed: $18,150 (50%)
Status: Paid in full
Rate at approval: 7.75% v
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/30/2020
First disbursement: 2/29/2020
Days to fund: 30 days
Paid in full: 4/30/2020
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Automobile Driving Schools
NAICS code: 611692
Lender: 1st Source Bank
Address: 55400 Timothy Rd
City: New Carlisle, 46552
County: St Joseph
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 2

The lender

1st Source Bank

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 automobile driving schools — by location, industry.

SBA lenders in Indiana Lenders for automobile driving schools Automobile Driving Schools lenders in Indiana

Similar businesses

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

The Rite Way Driving School, LLC

Caledonia, MI· ~90 mi

Automobile Driving Schools

$33K
SBA financing: ≈ $65K–$108K
Est. revenue (rough)

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ACCELR8 DRIVER EDUCATION, LLC

Brooklyn, MI· ~118 mi

Automobile Driving Schools

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

View record

LEARN 2 RIDE INC.

Webster, NY· ~470 mi

Automobile Driving Schools

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

View record

Boss Driving School Inc

Jackson Heights, NY· ~658 mi

Automobile Driving Schools

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

View record

DRIVE SMOOTH LLC

Monroe, NY· ~638 mi

Automobile Driving Schools

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

View record

Paradise Driving School LLC

Bronx, NY· ~660 mi

Automobile Driving Schools

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Mitchell Driving Solutions, LLC in New Carlisle, IN (Automobile Driving Schools). 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 $36K
On record FY2020
1 jobs supported
Industry: Automobile Driving Schools
Location: New Carlisle, IN
Lender: 1st Source Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Automobile Driving Schools businesses in IN for ~$36k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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/mitchell-driving-solutions-llc-in
API:: https://www.capbench.com/api/public/businesses/mitchell-driving-solutions-llc-in
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.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Mitchell Driving Solutions, LLC.