SBA lending record
Red Eagle, LLC
188 GOODMAN RD W, Southaven, MS 38671 · Automotive Oil Change and Lubrication Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.4M
Total SBA financing
3
Loans on record
FY2025–26
On record
163
Jobs supported
Franchise brand
Midas
See Midas's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$300,000 — FY2026
Loan 1 of 3- Gross approval
- $300,000
- SBA guaranteed
- $150,000 (50%)
- Status
- Committed
- Rate at approval
- 7.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/3/2026
- Collateral
- Required
- Jobs supported
- 64
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Oil Change and Lubrication Shops
- NAICS code
- 811191
- Franchise
- Midas
- Franchise code
- S1110
- Lender
- Live Oak Banking Company
- Address
- 3936 North Gloster Street
- City
- Tupelo, 38804
- County
- Lee
- SBA district office
- MISSISSIPPI DISTRICT OFFICE
- Congressional district
- 1
$2,135,000 — FY2026
Loan 2 of 3- Gross approval
- $2,135,000
- SBA guaranteed
- $1,601,250 (75%)
- Status
- Committed
- Rate at approval
- 7.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/5/2026
- Collateral
- Required
- Jobs supported
- 64
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Oil Change and Lubrication Shops
- NAICS code
- 811191
- Franchise
- Midas
- Franchise code
- S1110
- Lender
- Live Oak Banking Company
- Address
- 3936 North Gloster Street
- City
- Tupelo, 38804
- County
- Lee
- SBA district office
- MISSISSIPPI DISTRICT OFFICE
- Congressional district
- 1
$1,975,000 — FY2025
Loan 3 of 3- Gross approval
- $1,975,000
- SBA guaranteed
- $1,481,250 (75%)
- Status
- Current
- Rate at approval
- 9% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/28/2024
- First disbursement
- 12/6/2024
- Days to fund
- 39 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 35
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Automotive Oil Change and Lubrication Shops
- NAICS code
- 811191
- Lender
- Live Oak Banking Company
- Address
- 188 GOODMAN RD W
- City
- Southaven, 38671
- County
- Desoto
- SBA district office
- MISSISSIPPI DISTRICT OFFICE
- Congressional district
- 1
The lender
Live Oak Banking Company
3 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding automotive oil change and lubrication shops — by location, industry, and brand.
Other Midas locations
Other Midas businesses in the public SBA record — closest first, by location and deal size.
Leggett Automotive LLC
Memphis, TN· ~12 mi
Midas
- $1.3M
- SBA financing
- ≈ $2.5M–$4.1M
- Est. revenue (rough)
Midas
Marysville, CA· ~1757 mi
Midas
- $4.3M
- SBA financing
- ≈ $8.3M–$14M
- Est. revenue (rough)
RTR Autos Erath LLC
Stephenville, TX· ~509 mi
Midas
- $2.3M
- SBA financing
- ≈ $4.4M–$7.4M
- Est. revenue (rough)
Midas
Bonney Lake, WA· ~1858 mi
Midas
- $3.1M
- SBA financing
- ≈ $6.1M–$10M
- Est. revenue (rough)
INCLINED MECHANICALLY INC.
Campbell, CA· ~1782 mi
Midas
- $1.7M
- SBA financing
- ≈ $3.4M–$5.7M
- Est. revenue (rough)
D&L Management Group, Inc.
Angola, IN· ~536 mi
Midas
- $2.1M
- SBA financing
- ≈ $4.1M–$6.8M
- Est. revenue (rough)
Similar businesses
Comparable automotive oil change and lubrication shops in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Cuatro Nos, LLC dba Grease Monkey
Oakland, TN· ~32 mi
Grease Monkey
- $2.5M
- SBA financing
- ≈ $4.8M–$8.0M
- Est. revenue (rough)
Auto Center Enterprises, LLC
North Little Rock, AR· ~129 mi
Jiffy Lube
- $2.3M
- SBA financing
- ≈ $4.6M–$7.6M
- Est. revenue (rough)
UNITED OIL CHANGE INC
Millington, TN· ~27 mi
Automotive Oil Change and Lubrication Shops
- $14K
- SBA financing
- ≈ $27K–$46K
- Est. revenue (rough)
Speedee Midas Auto Service Center
Hollister, CA· ~1754 mi
Midas/SpeeDee Oil Change & Auto Service
- $3.6M
- SBA financing
- ≈ $7.0M–$12M
- Est. revenue (rough)
RJS Investment Group Inc.
Greenville, TX· ~373 mi
Grease Monkey
- $2.3M
- SBA financing
- ≈ $4.6M–$7.7M
- Est. revenue (rough)
Costa Oil
Lubbock, TX· ~687 mi
Costa Oil
- $2.8M
- SBA financing
- ≈ $5.4M–$9.0M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Red Eagle, LLC in Southaven, MS (Automotive Oil Change and Lubrication Shops). 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.
- 3 SBA 7(a) loans totaling $4.4M
- On record FY2025–26
- 163 jobs supported
- Industry: Automotive Oil Change and Lubrication Shops
- Location: Southaven, MS
- Lender: Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Automotive Oil Change and Lubrication Shops businesses in MS for ~$1.5M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- 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.
- 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 Red Eagle, LLC.