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Gshcw1, LLC

Macon, GA · Car Washes · NAICS 811192

Gshcw1, LLC is a car wash business located in Macon, Georgia, classified under NAICS code 811192 (Car Washes). The company was approved for an SBA 504 loan with an SBA portion of $1,567,000, with Live Oak Banking Company as the lender and an approval date of February 13, 2024, to finance real estate or equipment through an SBA 504 loan.

SBA 504 loan, approved Feb 13, 2024

$1,567,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,567,000
Bank portion
$2,547,070
Estimated project size
$4,571,189 (estimated)
Estimated owner equity
$457,119 (estimated, about 10% of the project)
Bank lender
Live Oak Banking Company, Wilmington, NC
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
February 13, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
9
Business type
Corporation
NAICS
811192, Car Washes
Project location
Bibb County, GA
SBA district office
Georgia District Office
Congressional district
GA-2
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 42% of expansion loans in Car Washes on this site.
  • Average expansion loan in Car Washes: $1,994,962.
  • 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