198 Bella Nails Inc
198 Bella Nails Inc is located in Perth Amboy, NJ, and the SBA lists its industry as Nail Salons. It was approved for an SBA 7(a) loan of $1,250,000 for a change of ownership on July 1, 2025.
SBA 7(a) loan, change of ownership, approved Jul 1, 2025
- Gross approval
- $1,250,000
- SBA-guaranteed amount
- $937,500 (75% of the approval)
- Lender
- Readycap Lending, LLC, Berkeley Heights, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 1, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $10,490 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 49
- Business type
- Corporation
- NAICS
- 812113, Nail Salons
- Project location
- Middlesex County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 58% of acquisition loans in Nail Salons on this site.
- Average acquisition loan in Nail Salons: $1,296,692.
- Average acquisition loan in New Jersey: $1,626,307.
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
- Bond Beauty & Nails, Howell