Farrell Flynne LLC
Farrell Flynne LLC is located in Westfield, NJ, and the SBA lists its industry as All Other Support Services. It was approved for an SBA 7(a) loan of $1,640,000 for a change of ownership on June 23, 2025.
SBA 7(a) loan, change of ownership, approved Jun 23, 2025
- Gross approval
- $1,640,000
- SBA-guaranteed amount
- $1,230,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 23, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $21,673 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 561990, All Other Support Services
- Project location
- Union 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)
- Larger than 50% of acquisition loans in All Other Support Services on this site.
- Average acquisition loan in All Other Support Services: $2,032,340.
- 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
- Imwoth LLC, Toms River