AK Holdings Group LLC
AK Holdings Group LLC is a car wash business located in Pompton Lakes, New Jersey, classified under NAICS code 811192 (Car Washes). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,300,000 from Unity Bank, approved on July 8, 2025.
SBA 7(a) loan, change of ownership, approved Jul 8, 2025
$1,300,000 approvedLender: Unity Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,300,000
- SBA-guaranteed amount
- $975,000 (75% of the approval)
- Lender
- Unity Bank, Clinton, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 8, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $17,000 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Passaic County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 44% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- 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
- Skywash Inc., Mullica Hill