J&JK Properties LLC
J&JK Properties LLC, located in Londonderry, NH, operates in the landscaping services industry (NAICS 561730). The company financed real estate or equipment through an SBA 504 loan of $1,014,000, with Webster Bank National Association as the lender and Granite State Economic Development Corporation as the certified development company, approved on January 28, 2024.
SBA 504 loan, approved Jan 28, 2024
$1,014,000 SBA portionCDC: Granite State Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,014,000
- Bank portion
- $1,234,500
- Estimated project size
- $2,498,333 (estimated)
- Estimated owner equity
- $249,833 (estimated, about 10% of the project)
- Bank lender
- Webster Bank National Association, Waterbury, CT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 28, 2049 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Rockingham County, NH
- SBA district office
- New Hampshire District Office
- Congressional district
- NH-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Landscaping Services: $1,532,130.
- Average expansion loan in New Hampshire: $1,898,259.
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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