Smyrna Gas Enterprise LLC
Smyrna Gas Enterprise LLC is a gasoline station with convenience store business in Smyrna, Georgia, classified under NAICS 447110. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $4.2 million approved by American Pride Bank on March 10, 2026.
SBA 7(a) loan, change of ownership, approved Mar 10, 2026
$4,200,000 approvedLender: American Pride Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $4,200,000
- SBA-guaranteed amount
- $3,150,000 (75% of the approval)
- Lender
- American Pride Bank, Macon, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 10, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $31,038 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 447110, Gasoline Stations with Convenience Stores
- Franchise
- S.A. White Oil Company, Inc. Petroleum Marketing Agreement
- Project location
- Cobb County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Gasoline Stations with Convenience Stores on this site.
- Average acquisition loan in Gasoline Stations with Convenience Stores: $2,177,273.
- 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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