Main Street Registry

10 S Hope Chapel L.L.C.

Jackson Township, NJ · Beer, Wine, and Liquor Retailers · NAICS 445320

10 S Hope Chapel L.L.C. is a beer, wine, and liquor retailer located in Jackson Township, NJ. It financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,662,000, approved on September 3, 2024, through Provident Bank and Empire State Certified Development Corporation.

SBA 504 loan, approved Sep 3, 2024

$1,662,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,662,000
Bank portion
$2,032,500
Estimated project size
$4,105,000 (estimated)
Estimated owner equity
$410,500 (estimated, about 10% of the project)
Bank lender
Provident Bank, Jersey City, NJ
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 3, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
4
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Ocean County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-4
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 73% of expansion loans in Beer, Wine, and Liquor Retailers on this site.
  • Average expansion loan in Beer, Wine, and Liquor Retailers: $1,620,045.
  • Average expansion loan in New Jersey: $2,533,058.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in New Jersey