Manhattan Realty Group LLC
Manhattan Realty Group LLC is an interior design services business located in Elmwood Park, New Jersey, classified under NAICS code 541410. The company was approved for an SBA 504 loan of $1,719,000 through Trenton Business Assistance Corporation with Provident Bank as the lender, with an approval date of September 10, 2024, and the company financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Sep 10, 2024
$1,719,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,719,000
- Bank portion
- $1,650,000
- Estimated project size
- $3,743,333 (estimated)
- Estimated owner equity
- $374,333 (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
- September 10, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 541410, Interior Design Services
- Project location
- Bergen County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-5
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Interior Design Services: $1,600,167.
- 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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Same industry in New Jersey
- Design Alternatives Group LLC, Lavallette