SBA 7(a)PURCH(NOT C/O)

New Jersey Athletic Club

Lawrence Township, NJNewtek Bank, National AssociationFitness and Recreational Sports Centers · NAICS 713940

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APPROVAL AMOUNT

$1,500,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-09-18

11.5% rate

JOBS SUPPORTED

102

Borrower-reported

Loan details & location

LOCATION

Lawrence Township, NJ

INDUSTRY

Fitness and Recreational Sports Centers · NAICS 713940

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.5%

LOAN STATUS

PURCH(NOT C/O)

Lawrence Township, NJ

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