Main Street Registry

Brother Ghotra LLC

Locust Grove, GA · Beer, Wine, and Liquor Retailers · NAICS 445320

Brother Ghotra LLC is a beer, wine, and liquor retailer located in Locust Grove, Georgia. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,026,000, approved on March 27, 2024, through Truist Bank with Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Mar 27, 2024

$1,026,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,026,000
Bank portion
$1,190,000
Estimated project size
$2,462,222 (estimated)
Estimated owner equity
$246,222 (estimated, about 10% of the project)
Bank lender
Truist Bank, Charlotte, NC
CDC
Florida Business Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
March 27, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
1
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Henry County, GA
SBA district office
Georgia District Office
Congressional district
GA-3
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

  • Larger than 5% of expansion loans in Beer, Wine, and Liquor Retailers on this site.
  • Average expansion loan in Beer, Wine, and Liquor Retailers: $1,620,045.
  • 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