Grovetown Fitness Center, LLC
Grovetown Fitness Center, LLC is a fitness and recreational sports center located in Grovetown, Georgia, operating in NAICS code 713940. The company financed real estate or equipment through an SBA 504 loan of $5,000,000 from Pinnacle Bank, with CSRA Local Development Corporation as the certified development company, and the loan was approved on April 23, 2026.
SBA 504 loan, approved Apr 23, 2026
$5,000,000 SBA portionCDC: CSRA Local Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,000,000
- Bank portion
- $8,293,700
- Estimated project size
- $14,770,778 (estimated)
- Estimated owner equity
- $1,477,078 (estimated, about 10% of the project)
- Bank lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 23, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 60
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Columbia County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-10
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 94% of expansion loans in Fitness and Recreational Sports Centers on this site.
- Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
- 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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