Jiya & Ishaan LLC
Jiya & Ishaan LLC is a beer, wine, and liquor retailer located in Vineland, New Jersey. The company was financed with an SBA 7(a) loan for a change of ownership of $1.35 million, approved on May 9, 2025, by Wilmington Savings Fund Society FSB.
SBA 7(a) loan, change of ownership, approved May 9, 2025
$1,350,000 approvedLender: Wilmington Savings Fund Society FSB25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,350,000
- SBA-guaranteed amount
- $1,012,500 (75% of the approval)
- Lender
- Wilmington Savings Fund Society FSB, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 9, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $11,795 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Cumberland County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- 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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