NationCraft, LLC
NationCraft, LLC is a travel trailer and camper manufacturer located in Fitzgerald, Georgia. The company financed real estate or equipment through an SBA 504 loan of $1,145,000, with First Port City Bank as the lending bank and Florida Business Development Corporation as the certified development company, approved on February 22, 2024.
SBA 504 loan, approved Feb 22, 2024
$1,145,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,145,000
- Bank portion
- $1,119,000
- Estimated project size
- $2,515,556 (estimated)
- Estimated owner equity
- $251,556 (estimated, about 10% of the project)
- Bank lender
- First Port City Bank, Bainbridge, GA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 22, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- LLC or partnership
- NAICS
- 336214, Travel Trailer and Camper Manufacturing
- Project location
- Ben Hill County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-8
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Travel Trailer and Camper Manufacturing: $1,145,000.
- 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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