Georgia Direct Carpet Inc.

5200 National Rd E, Richmond, IN 47374 · Flooring Contractors (NAICS 238330)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$4.2M

Jobs Supported

32

Years Active

2013–2018

Loan History (3)

Source: SBA FOIA
7(a)$705,600
Charged Off
Approved
Jul 25, 2018 (FY2018)
SBA Guaranteed
$529,200 (75%)
Term
108 months (9.0 yrs)
Interest Rate
6.50%
Revolver
0
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Flooring Contractors (NAICS 238330)
Charge-off Date
Jan 10, 2024
Charge-off Amount
$630,144

Lender

Three Rivers Federal Credit Union

1615 Northland Blvd, Fort Wayne, IN 46825

Project Location

Wayne County, IN

7(a)$1,500,000
Charged Off
Approved
Oct 11, 2012 (FY2013)
SBA Guaranteed
$1,125,000 (75%)
Term
50 months (4.2 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
16
Business Type
Corporation
Industry
Home Furnishing Merchant Wholesalers (NAICS 423220)
Charge-off Date
Jul 19, 2023
Charge-off Amount
$2,617,924

Lender

Three Rivers Federal Credit Union

1615 Northland Blvd, Fort Wayne, IN 46825

Project Location

Wayne County, IN

7(a)$1,972,000
Charged Off
Approved
Oct 11, 2012 (FY2013)
SBA Guaranteed
$1,479,000 (75%)
Term
199 months (16.6 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
16
Business Type
Corporation
Industry
Home Furnishing Merchant Wholesalers (NAICS 423220)
Charge-off Date
Feb 27, 2023
Charge-off Amount
$767,567

Lender

Three Rivers Federal Credit Union

1615 Northland Blvd, Fort Wayne, IN 46825

Project Location

Wayne County, IN

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
238330 Flooring Contractors
Address
5200 National Rd E
Richmond, IN 47374

Lender

Three Rivers Federal Credit Union
1615 Northland Blvd, Fort Wayne, IN 46825

Other SBA Borrowers in Richmond

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