Gator Plumbing Supply LLC
Gator Plumbing Supply LLC, located in Lakewood, NJ, operates in plumbing and heating equipment and supplies (hydronics) merchant wholesaling. The company was approved for an SBA 504 loan of $2,774,000 for real estate or equipment, with a term of 300 months, through TD Bank, N.A. and Trenton Business Assistance Corporation, with approval dated April 29, 2025.
SBA 504 loan, approved Apr 29, 2025
$2,774,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,774,000
- Bank portion
- $3,400,000
- Estimated project size
- $6,860,000 (estimated)
- Estimated owner equity
- $686,000 (estimated, about 10% of the project)
- Bank lender
- Td Bank, N.a., Flemington, NJ
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 29, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- LLC or partnership
- NAICS
- 423720, Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers
- Project location
- Ocean County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-3
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers: $2,273,857.
- 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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