World's Greatest Putter LLC
World's Greatest Putter LLC is a business in Fort Payne, Alabama, in the Other Building Material Dealers industry. It financed real estate or equipment through an SBA 504 loan of $4,577,000, approved on September 6, 2024, through Bank Independent with Southern Development Council as the certified development company.
SBA 504 loan, approved Sep 6, 2024
$4,577,000 SBA portionCDC: Southern Development Council25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,577,000
- Bank portion
- $6,040,900
- Estimated project size
- $11,797,667 (estimated)
- Estimated owner equity
- $1,179,767 (estimated, about 10% of the project)
- Bank lender
- Bank Independent, Sheffield, AL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 6, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 444180, Other Building Material Dealers
- Project location
- De Kalb County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-3
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Larger than 92% of expansion loans in Other Building Material Dealers on this site.
- Average expansion loan in Other Building Material Dealers: $2,048,289.
- Average expansion loan in Alabama: $2,182,891.
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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