Brook Hollow Winery & Event Facility
Brook Hollow Winery & Event Facility is a winery located in Knowlton Township, New Jersey, classified under the industry description Wineries (NAICS 312130). The company financed real estate or equipment through an SBA 504 loan of $1,003,000, the SBA portion, approved on February 29, 2024, with Provident Bank as the lender and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Feb 29, 2024
$1,003,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,003,000
- Bank portion
- $1,600,000
- Estimated project size
- $2,892,222 (estimated)
- Estimated owner equity
- $289,222 (estimated, about 10% of the project)
- Bank lender
- Provident Bank, Jersey City, NJ
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 28, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 312130, Wineries
- Project location
- Warren County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-5
- Collateral
- Yes
Estimated share of project by source
Bank 55% SBA (CDC) 35% Owner 10%
- Average expansion loan in Wineries: $1,851,000.
- 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
- Brook Hollow Winery LLC, Columbia
- Jersey Devil Meadery, Shamong