JM Investment Holdings Inc.
JM Investment Holdings Inc., located in Flemington, NJ, operates in the Other Scientific and Technical Consulting Services industry (NAICS 541690). The company was financed with an SBA 7(a) loan for a change of ownership of $3.47 million, approved on March 5, 2025, through Bank of America, National Association.
SBA 7(a) loan, change of ownership, approved Mar 5, 2025
$3,470,000 approvedLender: Bank of America, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,470,000
- SBA-guaranteed amount
- $2,602,500 (75% of the approval)
- Lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.61%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- March 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $41,389 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 541690, Other Scientific and Technical Consulting Services
- Project location
- Hunterdon County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 80% of acquisition loans in Other Scientific and Technical Consulting Services on this site.
- Average acquisition loan in Other Scientific and Technical Consulting Services: $2,027,660.
- 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.
Is this your company? Claim or correct this listing. See Corrections.