Ect Acquisition Llc
100 Rupert Rd, Raleigh, NC 27603 · Motor Vehicle Towing (NAICS 488410)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
4
Total Amount
$8.0M
Jobs Supported
170
Years Active
2023–2025
Loan History (4)
Source: SBA FOIA7(a)$3,600,000
Exempt
- Approved
- Jul 11, 2025 (FY2025)
- SBA Guaranteed
- $2,376,000 (66%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.75%
- Revolver
- 0
- Jobs Supported
- 55
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Motor Vehicle Towing (NAICS 488410)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Wake County, NC
7(a)$350,000
Exempt
- Approved
- Jul 21, 2025 (FY2025)
- SBA Guaranteed
- $175,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 9.00%
- Revolver
- 1
- Jobs Supported
- 55
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Motor Vehicle Towing (NAICS 488410)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Wake County, NC
7(a)$350,000
Paid in Full
- Approved
- Oct 20, 2022 (FY2023)
- SBA Guaranteed
- $175,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.40%
- Revolver
- 1
- Jobs Supported
- 30
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Motor Vehicle Towing (NAICS 488410)
- Paid in Full
- Jun 30, 2025
Lender
First National Bank of Pennsylvania
166 Main St, Greenville, PA 16125
Project Location
Wake County, NC
7(a)$3,695,000
Paid in Full
- Approved
- Oct 20, 2022 (FY2023)
- SBA Guaranteed
- $2,771,250 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.40%
- Revolver
- 0
- Jobs Supported
- 30
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Motor Vehicle Towing (NAICS 488410)
- Paid in Full
- Jun 30, 2025
Lender
First National Bank of Pennsylvania
166 Main St, Greenville, PA 16125
Project Location
Wake County, NC
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 488410 — Motor Vehicle Towing
- Address
- 100 Rupert Rd
Raleigh, NC 27603
Lenders
- Live Oak Banking Company
- 1741 Tiburon Dr, Wilmington, NC 28403
- First National Bank of Pennsylvania
- 166 Main St, Greenville, PA 16125