Main Street Registry

Legacy Real Property Holdings, Inc.

McDonough, GA · New Car Dealers · NAICS 441110

Legacy Real Property Holdings, Inc. is a business in McDonough, Georgia, classified under the industry New Car Dealers (NAICS 441110). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,887,000, approved on December 21, 2023, through the Georgia Certified Development Corporation with Pinnacle Financial Partners, Inc. as the partner lender.

SBA 504 loan, approved Dec 21, 2023

$3,887,000 SBA portionCDC: Georgia Certified Development Corporation20 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,887,000
Bank portion
$3,803,000
Estimated project size
$8,544,444 (estimated)
Estimated owner equity
$854,444 (estimated, about 10% of the project)
Bank lender
Pinnacle Financial Partners, Inc., Nashville, TN
CDC
Georgia Certified Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
20 years (240 months)
Estimated maturity
December 21, 2043 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
54
Business type
Corporation
NAICS
441110, New Car Dealers
Project location
Henry County, GA
SBA district office
Georgia District Office
Congressional district
GA-3
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Larger than 58% of expansion loans in New Car Dealers on this site.
  • Average expansion loan in New Car Dealers: $3,138,111.
  • 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