Bentley's Nursery, Inc
Bentley's Nursery, Inc is located in Peachtree Corners, GA, and the SBA lists its industry as Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers. It was approved for an SBA 7(a) loan of $1,948,000 for a change of ownership on August 28, 2024.
SBA 7(a) loan, change of ownership, approved Aug 28, 2024
- Gross approval
- $1,948,000
- SBA-guaranteed amount
- $1,461,000 (75% of the approval)
- Lender
- First Horizon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 28, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $26,559 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 424930, Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers
- Project location
- Gwinnett County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers: $2,120,986.
- Average acquisition loan in Georgia: $2,017,638.
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
- Luxury Landscape Supply LLC, Lawrenceville