Unlimited Office Solutions LLC
Unlimited Office Solutions LLC is a business in Carneys Point, New Jersey, classified under the industry Other Computer Related Services (NAICS 541519). The company was financed with an SBA 7(a) loan for a change of ownership of $1.393 million, approved on December 23, 2024, through First Resource Bank.
SBA 7(a) loan, change of ownership, approved Dec 23, 2024
$1,393,000 approvedLender: First Resource Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,393,000
- SBA-guaranteed amount
- $1,044,750 (75% of the approval)
- Lender
- First Resource Bank, Exton, PA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $18,796 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 541519, Other Computer Related Services
- Project location
- Salem County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 46% of acquisition loans in Other Computer Related Services on this site.
- Average acquisition loan in Other Computer Related Services: $2,041,531.
- 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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