SBA lending record

Olson's Auto Sales

901 Westrac Dr, Fargo, ND 58103 · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$52K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

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

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The loan

$52,200 — FY2022

Gross approval: $52,200
SBA guaranteed: $26,100 (50%)
Status: Current
Rate at approval: 6.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/27/2022
First disbursement: 5/31/2022
Days to fund: 4 days
Collateral: Required
Jobs supported: 4
Business type: Individual
Business age: Startup, Loan Funds will Open Business
Industry: General Automotive Repair
NAICS code: 811111
Lender: Choice Financial Group
Address: 901 Westrac Dr
City: Fargo, 58103
County: Cass
SBA district office: NORTH DAKOTA DISTRICT OFFICE
Congressional district: 0

The lender

Choice Financial Group

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 general automotive repair — by location, industry.

SBA lenders in North Dakota Lenders for general automotive repair General Automotive Repair lenders in North Dakota

Similar businesses

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

Deckplate Diesel, LLC

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SBA financing: ≈ $118K–$196K
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Samson's Roadside Truck Repair LLC

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Skalicky Properties, LLC

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$765K
SBA financing: ≈ $1.5M–$2.5M
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Tran Auto & Transmission Services, Inc.

Minneapolis, MN· ~205 mi

General Automotive Repair

$49K
SBA financing: ≈ $96K–$160K
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Integrity Auto Repair LLC

Brainerd, MN· ~130 mi

General Automotive Repair

$50K
SBA financing: ≈ $98K–$163K
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Axness Repair LLC

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General Automotive Repair

$992K
SBA financing: ≈ $1.9M–$3.2M
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Agent summary

This page summarizes the public SBA 7(a) lending record for Olson's Auto Sales in Fargo, ND (General Automotive Repair). 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 $52K
On record FY2022
4 jobs supported
Industry: General Automotive Repair
Location: Fargo, ND
Lender: Choice Financial Group

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Automotive Repair businesses in ND for ~$52k 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/olson-s-auto-sales-nd
API:: https://www.capbench.com/api/public/businesses/olson-s-auto-sales-nd
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 Olson's Auto Sales.