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SBA lending record

Bridge Equities LLC

55 BRICK BLVD, Brick, NJ · Drycleaning and Laundry Services (except Coin-Operated). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$273K

Total SBA financing

1

Loan on record

FY2022

On record

1

Jobs supported

Franchise brand

Lapels

See Lapels's SBA financing data — typical deal, failure rate, and how its loans perform →

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The loan

$273,000 — FY2022

Gross approval
$273,000
SBA guaranteed
$204,750 (75%)
Status
In workout — SBA bought the guarantee
Rate at approval
6.25% v
Term
239 mo (20 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Business purchase
Approved
5/18/2022
First disbursement
5/27/2022
Days to fund
9 days
Collateral
Required
Sold on secondary market
Yes
Jobs supported
1
Business type
Corporation
Business age
Change of Ownership
Industry
Drycleaning and Laundry Services (except Coin-Operated)
NAICS code
812320
Franchise
Lapels
Franchise code
S0985
Address
55 BRICK BLVD
City
Brick
County
Ocean
SBA district office
NEW JERSEY DISTRICT OFFICE
Congressional district
3

The lender

Find SBA lenders for businesses like this

The banks most active funding drycleaning and laundry services (except coin-operated) — by location, industry, and brand.

Other Lapels locations

Other Lapels businesses in the public SBA record — closest first, by location and deal size.

Similar businesses

Comparable drycleaning and laundry services (except coin-operated) in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for Bridge Equities LLC in Brick, NJ (Drycleaning and Laundry Services (except Coin-Operated)). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

  • 1 SBA 7(a) loan totaling $273K
  • On record FY2022
  • 1 jobs supported
  • Industry: Drycleaning and Laundry Services (except Coin-Operated)
  • Location: Brick, NJ
  • Lender: BayFirst National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Drycleaning and Laundry Services (except Coin-Operated) businesses in NJ for ~$273k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Bridge Equities LLC.

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