Shah Properties Hainesport LLC
Shah Properties Hainesport LLC is a business in Hainesport, NJ, in the industry of other miscellaneous nondurable goods merchant wholesalers (NAICS 424990). The company financed real estate or equipment through an SBA 504 loan of $1,150,000, approved on January 12, 2026, through City National Bank with Empire State Certified Development Corporation, and the loan is reported as creating or retaining 6 jobs.
SBA 504 loan, approved Jan 12, 2026
$1,150,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,150,000
- Bank portion
- $1,400,000
- Estimated project size
- $2,833,333 (estimated)
- Estimated owner equity
- $283,333 (estimated, about 10% of the project)
- Bank lender
- City National Bank, Los Angeles, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 12, 2051 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 424990, Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Project location
- Burlington County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 10% of expansion loans in Other Miscellaneous Nondurable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Nondurable Goods Merchant Wholesalers: $2,330,259.
- 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
- WW Foundry LLC, Toms River
- Real Essentials Corp, New Brunswick