Blaine Holdings LLC
Blaine Holdings LLC, located in Clarksville, Tennessee, operates in the coin-operated laundries and drycleaners industry (NAICS 812310). The company financed real estate or equipment through an SBA 504 loan of $1,423,000, approved on January 27, 2025, through First Financial Bank, National Association, with Brightbridge, Inc. as the certified development company.
SBA 504 loan, approved Jan 27, 2025
$1,423,000 SBA portionCDC: Brightbridge, Inc.20 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,423,000
- Bank portion
- $1,737,474
- Estimated project size
- $3,511,638 (estimated)
- Estimated owner equity
- $351,164 (estimated, about 10% of the project)
- Bank lender
- First Financial Bank, National Association, Terre Haute, IN
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 20 years (240 months)
- Estimated maturity
- January 27, 2045 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 812310, Coin-Operated Laundries and Drycleaners
- Project location
- Montgomery County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 57% of expansion loans in Coin-Operated Laundries and Drycleaners on this site.
- Average expansion loan in Coin-Operated Laundries and Drycleaners: $1,323,429.
- Average expansion loan in Tennessee: $2,402,643.
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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- Southern Hospitality Enterprises LLC, Knoxville
- All Things Enterprises Inc., Columbia