John Kim Financial secured a $1.65M SBA loan for a 12,000 sq.ft strip retail center development in McDonough, Georgia for a beauty salon and spa retailer. This client found an opportunity in a fast growing suburban city to expand her business but could not find a lease space.
This client acquired a 1.5-acre vacant land first; however, this client could not obtain a construction money from local banks when she approached us.
A loan will be used for new construction and build-out cost. This client is looking to complete the construction and open her businesses by the end of this year.
Should you have any question on SBA loan and commercial mortgage, please email to johnkimfinancial@gmail.com.
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