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Shao Foods Incorporated — SBA Loan Record (Elberton, GA) | DealRoom

Intelligence/Other Grocery and Related Products Merchant Wholesalers/GA

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SBA lending record

Shao Foods Incorporated

583 Harmony Drive, Elberton, GA 30635 · Other Grocery and Related Products Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$584K

Total SBA financing

1

Loan on record

FY2025

On record

8

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Shao Foods Incorporated your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$584,000 — FY2025

Gross approval: $584,000
SBA guaranteed: $438,000 (75%)
Status: Current
Rate at approval: 8.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/10/2025
First disbursement: 6/20/2025
Days to fund: 10 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Other Grocery and Related Products Merchant Wholesalers
NAICS code: 424490
Lender: Hanmi Bank
Address: 583 Harmony Drive
City: Elberton, 30635
County: Elbert
SBA district office: GEORGIA DISTRICT OFFICE
Congressional district: 9

The lender

Hanmi Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding other grocery and related products merchant wholesalers — by location, industry.

SBA lenders in Georgia Lenders for other grocery and related products merchant wholesalers Other Grocery and Related Products Merchant Wholesalers lenders in Georgia

Similar businesses

Comparable other grocery and related products merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

The Village Market of Bogart, LLC

Bogart, GA· ~40 mi

Other Grocery and Related Products Merchant Wholesalers

$434K
SBA financing: ≈ $851K–$1.4M
Est. revenue (rough)

K & M Provision LLC

Chamblee, GA· ~84 mi

Other Grocery and Related Products Merchant Wholesalers

$460K
SBA financing: ≈ $902K–$1.5M
Est. revenue (rough)

KMA Foods LLC

Woodstock, GA· ~96 mi

Other Grocery and Related Products Merchant Wholesalers

$750K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

Fresh Asian Produce LLC

Chamblee, GA· ~84 mi

Other Grocery and Related Products Merchant Wholesalers

$675K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

GSK GROUP, LLC.

Atlanta, GA· ~95 mi

Other Grocery and Related Products Merchant Wholesalers

$361K
SBA financing: ≈ $708K–$1.2M
Est. revenue (rough)

PRODUCT SERVICE, LLC

Buford, GA· ~64 mi

Other Grocery and Related Products Merchant Wholesalers

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Shao Foods Incorporated in Elberton, GA (Other Grocery and Related Products Merchant Wholesalers). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $584K
On record FY2025
8 jobs supported
Industry: Other Grocery and Related Products Merchant Wholesalers
Location: Elberton, GA
Lender: Hanmi Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Grocery and Related Products Merchant Wholesalers businesses in GA for ~$584k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/shao-foods-incorporated-ga
API:: https://dealroom.so/api/public/businesses/shao-foods-incorporated-ga
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Shao Foods Incorporated your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Shao Foods Incorporated.