Main Street Registry

Jala Shine Investments LLC

Flowery Branch, GA · Car Washes · NAICS 811192

Jala Shine Investments LLC, located in Flowery Branch, Georgia, operates in the car washes industry (NAICS 811192). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,027,000, approved on November 22, 2024, through lender United Community Banks, Inc. and certified development company Small Business Access Partners, Inc.

SBA 504 loan, approved Nov 22, 2024

$1,027,000 SBA portionCDC: Small Business Access Partners, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,027,000
Bank portion
$1,000,000
Estimated project size
$2,252,222 (estimated)
Estimated owner equity
$225,222 (estimated, about 10% of the project)
Bank lender
United Community Banks, Inc., Blairsville, GA
CDC
Small Business Access Partners, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
November 22, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
811192, Car Washes
Project location
Hall County, GA
SBA district office
Georgia District Office
Congressional district
GA-9
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Average expansion loan in Car Washes: $1,994,962.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Georgia