Ludlam Island Brewery
Ludlam Island Brewery is a brewery located in Woodbine, New Jersey, classified under NAICS code 312120 (Breweries). The business was approved for an SBA 504 loan that financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,175,000, a total project amount of $1,433,500, a lender of Quaint Oak Bank, a certified development company of Trenton Business Assistance Corporation, and an approval date of July 13, 2026.
SBA 504 loan, approved Jul 13, 2026
$1,175,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,175,000
- Bank portion
- $1,433,500
- Estimated project size
- $2,898,333 (estimated)
- Estimated owner equity
- $289,833 (estimated, about 10% of the project)
- Bank lender
- Quaint Oak Bank, Southampton, PA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- July 13, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 312120, Breweries
- Project location
- Cape May County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 10% of expansion loans in Breweries on this site.
- Average expansion loan in Breweries: $2,159,286.
- 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
- Freckled Jawn Brewing LLC, Woodbury