Playcrest Home Services LLC
Playcrest Home Services LLC, based in Glen Ridge, NJ, operates in the landscaping services industry (NAICS 561730). The company was financed with an SBA 7(a) loan for a change of ownership of $1,355,000, approved on March 26, 2026, through Customers Bank.
SBA 7(a) loan, change of ownership, approved Mar 26, 2026
- Gross approval
- $1,355,000
- SBA-guaranteed amount
- $1,016,250 (75% of the approval)
- Lender
- Customers Bank, Malvern, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $16,800 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 28, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Franchise
- Monster Tree Service
- Project location
- Essex County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 58% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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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