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Lpg at Manasquan LLC

Manasquan, NJ · Child Care Services · NAICS 624410

Lpg at Manasquan LLC is a child care services business in Manasquan, New Jersey, classified under NAICS 624410 (Child Care Services). The company was financed with an SBA 7(a) loan for a change of ownership, approved on November 18, 2025, from Commercial Bank of California, with a loan amount of $538,000 and 31 jobs reported.

SBA 7(a) loan, change of ownership, approved Nov 18, 2025

$538,000 approvedLender: Commercial Bank of California10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$538,000
SBA-guaranteed amount
$403,500 (75% of the approval)
Lender
Commercial Bank of California, Irvine, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
November 18, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,815 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 8, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
31
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Monmouth County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 8% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • 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