Grand Inf Macon LLC
Grand Inf Macon LLC is a new car dealer in Macon, Georgia, classified under NAICS 441110. The company financed real estate or equipment through an SBA 504 loan of $2,257,000 approved on July 18, 2024, with Renasant Bank as the lending bank and Small Business Access Partners, Inc. as the certified development company.
SBA 504 loan, approved Jul 18, 2024
$2,257,000 SBA portionCDC: Small Business Access Partners, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,257,000
- Bank portion
- $3,279,350
- Estimated project size
- $6,151,500 (estimated)
- Estimated owner equity
- $615,150 (estimated, about 10% of the project)
- Bank lender
- Renasant Bank, Tupelo, MS
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 18, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 441110, New Car Dealers
- Franchise
- Infiniti Dealer Sales and Service Agreement
- Project location
- Bibb County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-2
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 39% of expansion loans in New Car Dealers on this site.
- Average expansion loan in New Car Dealers: $3,138,111.
- 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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Same industry in Georgia
- Legacy Real Property Holdings, Inc., McDonough