North Georgia Social Club LLC
North Georgia Social Club LLC, located in Clayton, GA, operates in the sporting goods retailers industry (NAICS 459110). The business was financed with an SBA 7(a) loan for a change of ownership of $2.5 million, approved on August 6, 2025, by Ameris Bank.
SBA 7(a) loan, change of ownership, approved Aug 6, 2025
$2,539,400 approvedLender: Ameris Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,539,400
- SBA-guaranteed amount
- $1,904,550 (75% of the approval)
- Lender
- Ameris Bank, Atlanta, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 6, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $21,311 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 459110, Sporting Goods Retailers
- Project location
- Rabun 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 86% of acquisition loans in Sporting Goods Retailers on this site.
- Average acquisition loan in Sporting Goods Retailers: $1,337,498.
- 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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