Main Street Registry

Swimmerman Swim School

Hapeville, GA · Fitness and Recreational Sports Centers · NAICS 713940

Swimmerman Swim School is a fitness and recreational sports center in Hapeville, Georgia, classified under NAICS 713940. The business financed real estate or equipment through an SBA 504 loan of $1,337,000 approved on April 1, 2025, with Georgia Banking Company, Inc as the lender and Capital Partners Certified Development Company as the certified development company.

SBA 504 loan, approved Apr 1, 2025

$1,337,000 SBA portionCDC: Capital Partners Certified Development Company25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,337,000
Bank portion
$3,135,000
Estimated project size
$4,968,889 (estimated)
Estimated owner equity
$496,889 (estimated, about 10% of the project)
Bank lender
Georgia Banking Company, Inc, Atlanta, GA
CDC
Capital Partners Certified Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 1, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
20
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Fulton County, GA
SBA district office
Georgia District Office
Congressional district
GA-5
Collateral
Yes

Estimated share of project by source

Bank 63% SBA (CDC) 27% Owner 10%

  • Larger than 30% of expansion loans in Fitness and Recreational Sports Centers on this site.
  • Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
  • 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