2 Clayton GV LLC
2 Clayton GV LLC is an architectural services business in Howell, NJ, classified under NAICS 541310. It financed real estate or equipment through an SBA 504 loan of $1,543,000 from Empire State Certified Development Corporation, with First Commerce Bank as the partner lender, approved January 11, 2024.
SBA 504 loan, approved Jan 11, 2024
$1,543,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,543,000
- Bank portion
- $1,883,975
- Estimated project size
- $3,807,750 (estimated)
- Estimated owner equity
- $380,775 (estimated, about 10% of the project)
- Bank lender
- First Commerce Bank, Lakewood, NJ
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 11, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 541310, Architectural Services
- Project location
- Monmouth 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%
- Average expansion loan in Architectural Services: $1,609,250.
- 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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