Brookside Show Stable Limited Liability Company
Brookside Show Stable Limited Liability Company is a business in Ringoes, NJ, in the support activities for animal production industry (NAICS 115210). The company was financed with an SBA 7(a) loan for a change of ownership of $2.62 million, approved on September 2, 2025 by Peapack Private Bank and Trust.
SBA 7(a) loan, change of ownership, approved Sep 2, 2025
$2,620,000 approvedLender: Peapack Private Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,620,000
- SBA-guaranteed amount
- $1,965,000 (75% of the approval)
- Lender
- Peapack Private Bank and Trust, Bedminster, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 2, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $23,808 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 115210, Support Activities for Animal Production
- Project location
- Hunterdon County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Support Activities for Animal Production: $2,364,625.
- 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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