G. Deluca & Sons Masonry & Landscaping Contractors Limited Liability Company
G. Deluca & Sons Masonry & Landscaping Contractors Limited Liability Company is a poured concrete foundation and structure contractor in Berkeley Heights, New Jersey, under NAICS code 238110. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,063,000, approved on November 26, 2024, through Provident Bank and Trenton Business Assistance Corporation.
SBA 504 loan, approved Nov 26, 2024
$2,063,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,063,000
- Bank portion
- $2,520,000
- Estimated project size
- $5,092,222 (estimated)
- Estimated owner equity
- $509,222 (estimated, about 10% of the project)
- Bank lender
- Provident Bank, Jersey City, NJ
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 26, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238110, Poured Concrete Foundation and Structure Contractors
- Project location
- Union County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 63% of expansion loans in Poured Concrete Foundation and Structure Contractors on this site.
- Average expansion loan in Poured Concrete Foundation and Structure Contractors: $1,960,000.
- 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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