Main Street Registry

Good Faith 108 LLC

Duluth, GA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Good Faith 108 LLC is a business in Duluth, Georgia, in the hotels (except casino hotels) and motels industry. It financed real estate or equipment through an SBA 504 loan of $4,904,000, approved on February 10, 2026, through American Pride Bank with Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Feb 10, 2026

$4,904,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$4,904,000
Bank portion
$6,818,000
Estimated project size
$13,024,444 (estimated)
Estimated owner equity
$1,302,444 (estimated, about 10% of the project)
Bank lender
American Pride Bank, Macon, GA
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 10, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Courtyard by Marriott
Project location
Gwinnett County, GA
SBA district office
Georgia District Office
Congressional district
GA-7
Collateral
Yes

Estimated share of project by source

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

  • Larger than 86% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
  • 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