South Georgia Storage
South Georgia Storage is located in Dublin, GA, and the SBA lists its industry as Lessors of Miniwarehouses and Self-Storage Units. It was approved for an SBA 504 loan ($1,312,000 SBA portion) on April 25, 2024 to finance real estate or equipment.
SBA 504 loan, approved Apr 25, 2024
- SBA (CDC) portion
- $1,312,000
- Bank portion
- $1,334,457
- Estimated project size
- $2,940,508 (estimated)
- Estimated owner equity
- $294,051 (estimated, about 10% of the project)
- Bank lender
- Primesouth Bank, Blackshear, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 25, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 531130, Lessors of Miniwarehouses and Self-Storage Units
- Project location
- Laurens County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-12
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 13% of expansion loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
- Average expansion loan in Lessors of Miniwarehouses and Self-Storage Units: $2,754,774.
- 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
- Georgia Storage of Eatonton, LLC, Eatonton
- Cal-Georgia Properties LLC, Lithia Springs
- Hiram Flex and Storage LLC, Hiram