Main Street Registry

Blue Skies CGA, LLC

Carrollton, GA · Car Washes · NAICS 811192

Blue Skies CGA, LLC is a car wash business in Carrollton, GA, in the industry NAICS 811192 (Car Washes). The company financed real estate or equipment through an SBA 504 loan of $1,631,000 approved on January 25, 2024, through lender Live Oak Banking Company with certified development company Florida First Capital Finance Corporation, Inc., and the business is listed as a Tommy's Express Car Wash franchise.

SBA 504 loan, approved Jan 25, 2024

$1,631,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,631,000
Bank portion
$2,273,729
Estimated project size
$4,338,588 (estimated)
Estimated owner equity
$433,859 (estimated, about 10% of the project)
Bank lender
Live Oak Banking Company, Wilmington, NC
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 25, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
9
Business type
Corporation
NAICS
811192, Car Washes
Franchise
Tommy's Express Car Wash
Project location
Carroll County, GA
SBA district office
Georgia District Office
Congressional district
GA-3
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 44% of expansion loans in Car Washes on this site.
  • Average expansion loan in Car Washes: $1,994,962.
  • 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