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FenceWorks of Georgia

Atlanta, GA · All Other Specialty Trade Contractors · NAICS 238990

FenceWorks of Georgia is an All Other Specialty Trade Contractors business located in Atlanta, Georgia (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $1.05 million, approved on April 19, 2024 by Live Oak Banking Company, with a reported 7 jobs.

SBA 7(a) loan, change of ownership, approved Apr 19, 2024

$1,050,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,050,000
SBA-guaranteed amount
$787,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
April 19, 2034 (estimated, approval date plus term)
Estimated monthly payment
$14,168 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 10, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Gwinnett County, GA
SBA district office
Georgia District Office
Congressional district
GA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 35% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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