902 E Hazelwood LLC
902 E Hazelwood LLC is located in Rahway, NJ, and the SBA lists its industry as All Other Professional, Scientific, and Technical Services. It was approved for an SBA 504 loan ($3,558,000 SBA portion) on October 30, 2024 to finance real estate or equipment.
SBA 504 loan, approved Oct 30, 2024
- SBA (CDC) portion
- $3,558,000
- Bank portion
- $4,185,000
- Estimated project size
- $8,603,333 (estimated)
- Estimated owner equity
- $860,333 (estimated, about 10% of the project)
- Bank lender
- Ponce Bank National Association, New York City, NY
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- October 30, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Union County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 90% of expansion loans in All Other Professional, Scientific, and Technical Services on this site.
- Average expansion loan in All Other Professional, Scientific, and Technical Services: $1,882,695.
- 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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