Main Street Registry

Sweet and Tarte Inc

Ridgewood, NJ · Baked Goods Retailers · NAICS 445291

Sweet and Tarte Inc is a baked goods retailer in Ridgewood, New Jersey, classified under the NAICS code for baked goods retailers. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,118,000, approved on September 8, 2025, by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Sep 8, 2025

$2,118,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,118,000
SBA-guaranteed amount
$1,588,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.95%, variable
Term
10 years (120 months)
Estimated maturity
September 8, 2035 (estimated, approval date plus term)
Estimated monthly payment
$26,773 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 23, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
58
Business type
Corporation
NAICS
445291, Baked Goods Retailers
Project location
Bergen County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 86% of acquisition loans in Baked Goods Retailers on this site.
  • Average acquisition loan in Baked Goods Retailers: $1,301,117.
  • 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