Fleet Repair Solutions, LLC
Fleet Repair Solutions, LLC is a specialized automotive repair business in Morrow, Georgia, classified under NAICS 811114. The company financed real estate or equipment through an SBA 504 loan of $3,703,000, with Mid Penn Bank as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company, with approval dated March 20, 2025.
SBA 504 loan, approved Mar 20, 2025
$3,703,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,703,000
- Bank portion
- $6,734,697
- Estimated project size
- $11,597,441 (estimated)
- Estimated owner equity
- $1,159,744 (estimated, about 10% of the project)
- Bank lender
- Mid Penn Bank, Millersburg, PA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 20, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 100
- Business type
- Corporation
- NAICS
- 811114, Specialized Automotive Repair
- Project location
- Clayton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-5
- Collateral
- Yes
Estimated share of project by source
Bank 58% SBA (CDC) 32% Owner 10%
- Average expansion loan in Specialized Automotive Repair: $1,861,800.
- 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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