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Red Stag Partners LLC

Toms River, NJ · Site Preparation Contractors · NAICS 238910

Red Stag Partners LLC is a site preparation contractor based in Toms River, New Jersey, classified under NAICS 238910 (Site Preparation Contractors). The company was financed with an SBA 7(a) loan for a change of ownership of $2.2 million, approved by Grasshopper Bank National Association on September 19, 2025, with 14 jobs reported.

SBA 7(a) loan, change of ownership, approved Sep 19, 2025

$2,200,000 approvedLender: Grasshopper Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,200,000
SBA-guaranteed amount
$1,650,000 (75% of the approval)
Lender
Grasshopper Bank National Association, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
September 19, 2035 (estimated, approval date plus term)
Estimated monthly payment
$29,379 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
238910, Site Preparation Contractors
Project location
Ocean County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 72% of acquisition loans in Site Preparation Contractors on this site.
  • Average acquisition loan in Site Preparation Contractors: $1,877,202.
  • 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