Jiffy Lube #4268
Jiffy Lube #4268 is an automotive oil change and lubrication shop located in Rockmart, Georgia, and is a Jiffy Lube franchise. The business financed real estate or equipment through an SBA 504 loan of $1,050,000, approved on July 26, 2024, with Pinnacle Financial Partners, Inc. as the lender and Capital Partners Certified Development Company as the certified development company.
SBA 504 loan, approved Jul 26, 2024
$1,050,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,050,000
- Bank portion
- $1,329,500
- Estimated project size
- $2,643,889 (estimated)
- Estimated owner equity
- $264,389 (estimated, about 10% of the project)
- Bank lender
- Pinnacle Financial Partners, Inc., Nashville, TN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 26, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 811191, Automotive Oil Change and Lubrication Shops
- Franchise
- Jiffy Lube
- Project location
- Polk County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-14
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Automotive Oil Change and Lubrication Shops: $1,439,111.
- 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
- Jiffy Lube #4267, Acworth