Martin and Company
Martin and Company is a paint and coating manufacturing business located in Zebulon, Georgia. The company financed real estate or equipment through an SBA 504 loan of $1,211,000 with River City Bank and CSRA Local Development Corporation, approved on July 3, 2024.
SBA 504 loan, approved Jul 3, 2024
$1,211,000 SBA portionCDC: CSRA Local Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,211,000
- Bank portion
- $1,459,578
- Estimated project size
- $2,967,309 (estimated)
- Estimated owner equity
- $296,731 (estimated, about 10% of the project)
- Bank lender
- River City Bank, Rome, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 3, 2049 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 325510, Paint and Coating Manufacturing
- Project location
- Pike County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Paint and Coating Manufacturing: $1,661,400.
- 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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