Farm Fresh Produce Outlet Inc
Farm Fresh Produce Outlet Inc is a business in Mullica Hill, NJ, in the General Warehousing and Storage industry (NAICS 493110). The company financed real estate or equipment through an SBA 504 loan of $3,168,000, approved on October 10, 2024, with TD Bank, N.A. as the lender and Trenton Business Assistance Corporation as the certified development company. The loan is listed as not funded.
SBA 504 loan, approved Oct 10, 2024
$3,168,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,168,000
- Bank portion
- $4,614,200
- Estimated project size
- $8,646,889 (estimated)
- Estimated owner equity
- $864,689 (estimated, about 10% of the project)
- Bank lender
- Td Bank, N.a., Flemington, NJ
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- October 10, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 493110, General Warehousing and Storage
- Project location
- Gloucester County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-2
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 45% of expansion loans in General Warehousing and Storage on this site.
- Average expansion loan in General Warehousing and Storage: $3,265,773.
- 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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Same industry in New Jersey
- SMPL Logistics, Howell