Green Grace Acquisition LLC
Green Grace Acquisition LLC is located in Statham, GA, and the SBA lists its industry as Landscaping Services. It was approved for an SBA 7(a) loan of $603,900 for a change of ownership on December 11, 2024.
SBA 7(a) loan, change of ownership, approved Dec 11, 2024
- Gross approval
- $603,900
- SBA-guaranteed amount
- $452,925 (75% of the approval)
- Lender
- Oconee State Bank, Watkinsville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 11, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $8,149 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Barrow 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 9% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Georgia
- Archer Landscape Management LLC, Atlanta
- C. & S. Contours, LLC, Marietta
- Marcia Weber/Gardens To Love Inc., Atlanta
- Elevation Outdoors Georgia LLC, Oakwood
- Elevation Outdoors Georgia LLC, Sugar Hill
- Havenscape LLC, Norcross
- 9 Oak Tree Service Inc., Jenkinsburg
- TerraFirma Landscaping LLC, Hoschton