Cho Carwash Property Llc

9735 Medlock Bridge Rd, Duluth, GA 30097 · Car Washes (NAICS 811192)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$8.6M

Jobs Supported

50

Years Active

2006–2019

Loan History (4)

Source: SBA FOIA
7(a)$2,782,000
Paid in Full
Approved
Jan 28, 2019 (FY2019)
SBA Guaranteed
$2,086,500 (75%)
Term
299 months (24.9 yrs)
Interest Rate
6.50%
Revolver
0
Jobs Supported
20
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Car Washes (NAICS 811192)
Paid in Full
May 31, 2022

Lender

Metro City Bank

5114 Buford Hwy, Doraville, GA 30340

Project Location

Fulton County, GA

7(a)$2,820,000
Cancelled
Approved
Nov 15, 2018 (FY2019)
SBA Guaranteed
$2,115,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
6.25%
Revolver
0
Jobs Supported
7
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Car Washes (NAICS 811192)

Lender

Shinhan Bank America

475 Park Ave S 4th Flr, New York, NY 10016

Project Location

Fulton County, GA

7(a)$2,371,000
Paid in Full
Approved
Feb 14, 2014 (FY2014)
SBA Guaranteed
$1,778,250 (75%)
Term
300 months (25.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Industry
Car Washes (NAICS 811192)
Paid in Full
Feb 28, 2019

Lender

Commonwealth Business Bank

3435 Wilshire Blvd, Ste 700, Los Angeles, CA 90010

Project Location

Forsyth County, GA

7(a)$597,700
Paid in Full
Approved
Aug 1, 2006 (FY2006)
SBA Guaranteed
$448,275 (75%)
Term
120 months (10.0 yrs)
Revolver
0
Jobs Supported
15
Business Type
Corporation
Industry
Car Washes (NAICS 811192)
Paid in Full
Feb 28, 2014

Lender

Bank of Hope

3200 Wilshire Blvd 1st Fl, Los Angeles, CA 90010

Project Location

Fulton County, GA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
811192 Car Washes
Address
9735 Medlock Bridge Rd
Duluth, GA 30097

Lenders

Metro City Bank
5114 Buford Hwy, Doraville, GA 30340
Shinhan Bank America
475 Park Ave S 4th Flr, New York, NY 10016
Commonwealth Business Bank
3435 Wilshire Blvd, Ste 700, Los Angeles, CA 90010
Bank of Hope
3200 Wilshire Blvd 1st Fl, Los Angeles, CA 90010

Other SBA Borrowers in Duluth

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