Main Street Registry

Roebling Supermarket Inc

Roebling, NJ · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Roebling Supermarket Inc is a supermarket and grocery retailer located in Roebling, New Jersey, in the Supermarkets and Other Grocery Retailers (except Convenience Retailers) industry. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $2.05 million, approved on June 10, 2024, by Wilmington Savings Fund Society FSB.

SBA 7(a) loan, change of ownership, approved Jun 10, 2024

$2,050,000 approvedLender: Wilmington Savings Fund Society FSB284 months termStatus not reported (SBA exemption)Loan details
Gross approval
$2,050,000
SBA-guaranteed amount
$1,537,500 (75% of the approval)
Lender
Wilmington Savings Fund Society FSB, Wilmington, DE
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
23 years, 8 months (284 months)
Estimated maturity
February 10, 2048 (estimated, approval date plus term)
Estimated monthly payment
$20,313 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 26, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Burlington County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 70% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • 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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Same industry in New Jersey