Planet Flooring and Services LLC
Planet Flooring and Services LLC is a flooring contractor based in Norcross, Georgia, in the NAICS industry of Flooring Contractors. The company was approved for an SBA 504 loan of $2,643,000 on December 2, 2025, with The Huntington National Bank as the lender and Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Dec 2, 2025
$2,643,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,643,000
- Bank portion
- $3,341,000
- Estimated project size
- $6,648,889 (estimated)
- Estimated owner equity
- $664,889 (estimated, about 10% of the project)
- Bank lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 2, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238330, Flooring Contractors
- Project location
- Gwinnett County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-4
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Flooring Contractors: $2,143,375.
- 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
- FloorCare Specialists, LLC, Alpharetta