SBA Loans for Homes for the Elderly in Georgia: Top Lenders
NAICS 623NAICS 623 covers homes for the elderly businesses in Georgia. Based on historical SBA 7(a) lending data.
Total Approvals
11
in Georgia
Median Loan Size
$1,920,000
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 623 covers homes for the elderly businesses. This is a smaller category in SBA 7(a) lending with 11 approvals on record and a median loan size of $1,920,000.
Key trends & insights
- Homes for the Elderly in Georgia lending is concentrated — Craft Bank, First National Community Bank, Loyal Trust Bank together account for 64% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Craft Bank leads this industry with 3 approvals (27% market share) and a median loan of $859,000.
- Homes for the Elderly in Georgia loans run larger than the SBA average — a $1,920,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2024-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Homes for the Elderly in Georgia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $859,000 | |
| 2 | 2 | $3,188,000 | |
| 3 | 2 | $1,910,950 | |
| 4 | 1 | $440,000 | |
| 5 | 1 | $558,000 | |
| 6 | 1 | $5,000,000 | |
| 7 | 1 | $1,920,000 |
Recent SBA 7(a) approvals for Homes for the Elderly in Georgia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-04 | Loyal Trust Bank | Soo*****LLC | Dahlonega, GA | $2,744,900 |
| 2024-02 | Bank of Newington | Sun*****LLC | Springfield, GA | $312,000 |
| 2023-08 | Gulf Coast Bank and Trust Company | Lyk*****LLC | STAPLETON, GA | $499,000 |
| 2023-05 | Stone Bank | NEL*****LLC | TOCCOA, GA | $610,000 |
| 2022-06 | Craft Bank | Dan*****LLC | Roswell, GA | $859,000 |
| 2022-03 | First National Community Bank | Oks*****LLC | Smyrna, GA | $4,243,000 |
| 2022-02 | Craft Bank | Dav*****LLC | Acworth, GA | $2,165,000 |
| 2022-02 | First Bank | REP*****LLC | CONYERS, GA | $440,000 |
| 2021-11 | Craft Bank | Mil*****LLC | Alpharetta, GA | $476,000 |
| 2021-08 | First National Community Bank | She*****LLC | Lithonia, GA | $2,133,000 |
| 2021-08 | Loyal Trust Bank | New*****LLC | Dahlonega, GA | $1,077,000 |
| 2020-06 | Oconee State Bank | Ewe*****nc. | Marietta, GA | $558,000 |
| 2020-01 | Live Oak Banking Company | Fou*****LLC | CALHOUN, GA | $5,000,000 |
| 2019-10 | Embassy National Bank | Hor*****LLC | Gainesville, GA | $1,920,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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