DNJ Liquor Store Inc
DNJ Liquor Store Inc is a beer, wine, and liquor retailer located in Perth Amboy, New Jersey. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1.34 million, approved on February 19, 2025 by Peapack Private Bank and Trust.
SBA 7(a) loan, change of ownership, approved Feb 19, 2025
$1,340,000 approvedLender: Peapack Private Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,340,000
- SBA-guaranteed amount
- $1,005,000 (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
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $17,156 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Middlesex County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 70% of acquisition loans in Beer, Wine, and Liquor Retailers on this site.
- Average acquisition loan in Beer, Wine, and Liquor Retailers: $1,337,023.
- 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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