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ITF Johns Creek, LLC

Johns Creek, GA · Fitness and Recreational Sports Centers · NAICS 713940

ITF Johns Creek, LLC is located in Johns Creek, GA, and the SBA lists its industry as Fitness and Recreational Sports Centers. It was approved for an SBA 7(a) loan of $684,000 for a change of ownership on November 14, 2024.

SBA 7(a) loan, change of ownership, approved Nov 14, 2024

Gross approval
$684,000
SBA-guaranteed amount
$513,000 (75% of the approval)
Lender
Community Bank of Pickens County, Jasper, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
November 14, 2034 (estimated, approval date plus term)
Estimated monthly payment
$8,757 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 18, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Fulton County, GA
SBA district office
Georgia District Office
Congressional district
GA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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