Affairs to Remember
Affairs to Remember is located in Atlanta, GA, and the SBA lists its industry as Caterers. It was approved for an SBA 504 loan ($1,933,000 SBA portion) on March 22, 2024 to finance real estate or equipment.
SBA 504 loan, approved Mar 22, 2024
- SBA (CDC) portion
- $1,933,000
- Bank portion
- $2,352,000
- Estimated project size
- $4,761,111 (estimated)
- Estimated owner equity
- $476,111 (estimated, about 10% of the project)
- Bank lender
- Regions Bank, Birmingham, AL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 22, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 82
- Business type
- Corporation
- NAICS
- 722320, Caterers
- Project location
- Fulton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-5
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 70% of expansion loans in Caterers on this site.
- Average expansion loan in Caterers: $1,887,963.
- 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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