835 Bloomfield Ave LLC
835 Bloomfield Ave LLC is located in Clifton, NJ, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 504 loan ($4,294,000 SBA portion) on July 17, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jul 17, 2024
- SBA (CDC) portion
- $4,294,000
- Bank portion
- $4,275,000
- Estimated project size
- $9,521,111 (estimated)
- Estimated owner equity
- $952,111 (estimated, about 10% of the project)
- Bank lender
- Popular Bank, New York, NY
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- July 17, 2049 (estimated, approval date plus term)
- First disbursement
- Nov 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Passaic County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-9
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 95% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New Jersey
- GRC Mechanical Services LLC, South Hackensack
- Anchor Service Group LLC, Pompton Lakes
- Condino Heating and Air Conditioning, Inc., Sewell
- Unified Air Industries Corp, Plainfield
- Total Pipe Connection, Inc., Freehold
- Stellitano Home Services Inc., Lambertville
- Willco-Air Conditioning, Refrigeration,Heating,Acqusition LLC, Branchville