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32 38 Main St Bradley Beach LLC

Bradley Beach, NJ · General Automotive Repair · NAICS 811111

32 38 Main St Bradley Beach LLC is a general automotive repair business located in Bradley Beach, New Jersey, classified under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership of $1,420,000, with TD Bank, National Association as the lender and a loan approval date of September 4, 2025.

SBA 7(a) loan, change of ownership, approved Sep 4, 2025

$1,420,000 approvedLender: TD Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,420,000
SBA-guaranteed amount
$1,065,000 (75% of the approval)
Lender
TD Bank, National Association, Wilmington, DE
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.8%, fixed
Term
25 years (300 months)
Estimated maturity
September 4, 2050 (estimated, approval date plus term)
Estimated monthly payment
$9,856 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Monmouth County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 64% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • 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