Kinetic Artistry LLC
Kinetic Artistry LLC, located in Buford, Georgia, is classified under the industry Fine Arts Schools (NAICS 611610). The company was financed with an SBA 7(a) loan for a change of ownership of $2.57 million, approved on May 30, 2025, through Oconee State Bank.
SBA 7(a) loan, change of ownership, approved May 30, 2025
$2,570,000 approvedLender: Oconee State Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,570,000
- SBA-guaranteed amount
- $1,927,500 (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%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $23,354 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 611610, Fine Arts Schools
- Project location
- Gwinnett County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 90% of acquisition loans in Fine Arts Schools on this site.
- Average acquisition loan in Fine Arts Schools: $1,256,650.
- 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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