G&G Endeavors LLC
G&G Endeavors LLC is a car wash business located in Oakwood, Georgia, classified under NAICS code 811192 (Car Washes). The company was financed with an SBA 7(a) loan for a change of ownership of $3.1 million, approved by Metro City Bank on March 11, 2025.
SBA 7(a) loan, change of ownership, approved Mar 11, 2025
$3,100,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,100,000
- SBA-guaranteed amount
- $2,325,000 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 11, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $24,442 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Hall County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 77% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- 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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