2101 Tucker LLC
2101 Tucker LLC is a business in Tucker, Georgia, classified under General Line Grocery Merchant Wholesalers. It financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,046,000, approved on December 15, 2023, through Bank of America, National Association and the Small Business Growth Corporation.
SBA 504 loan, approved Dec 15, 2023
$2,046,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,046,000
- Bank portion
- $2,500,000
- Estimated project size
- $5,051,111 (estimated)
- Estimated owner equity
- $505,111 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 15, 2048 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 424410, General Line Grocery Merchant Wholesalers
- Project location
- Dekalb County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 39% of expansion loans in General Line Grocery Merchant Wholesalers on this site.
- Average expansion loan in General Line Grocery Merchant Wholesalers: $2,655,652.
- Average expansion loan in Georgia: $2,201,121.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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