Time to Escape - Georgia, LLC
Time to Escape - Georgia, LLC is a business in Chattanooga, Tennessee, classified under NAICS 713990 for all other amusement and recreation industries. It was financed with an SBA 7(a) loan for a change of ownership of $939,700, made by First-Citizens Bank & Trust Company with an approval date of September 30, 2026.
SBA 7(a) loan, change of ownership, approved Sep 30, 2026
$939,700 approvedLender: First-Citizens Bank & Trust Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $939,700
- SBA-guaranteed amount
- $704,775 (75% of the approval)
- Lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,777 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 47
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Hamilton County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- Average acquisition loan in Tennessee: $1,738,925.
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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