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MANGO MOTEL — SBA Loan Record (Wildwood, NJ) | DealRoom

Intelligence/Hotels (except Casino Hotels) and Motels/NJ

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SBA lending record

MANGO MOTEL

209 & 224 E Spicer Ave, Wildwood, NJ · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.0M

Total SBA financing

1

Loan on record

FY2023

On record

4

Jobs supported

Is MANGO MOTEL your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$1,983,000 — FY2023

Gross approval: $1,983,000
SBA guaranteed: $1,487,250 (75%)
Status: Paid in full
Rate at approval: 10% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/6/2023
First disbursement: 4/12/2023
Days to fund: 6 days
Paid in full: 7/31/2024
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Hotels (except Casino Hotels) and Motels
NAICS code: 721110
Lender: Celtic Bank Corporation
Address: 209 & 224 E Spicer Ave
City: Wildwood
County: Cape May
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 2

The lender

Celtic Bank Corporation

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding hotels (except casino hotels) and motels — by location, industry.

SBA lenders in New Jersey Lenders for hotels (except casino hotels) and motels Hotels (except Casino Hotels) and Motels lenders in New Jersey

Similar businesses

Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

2001 Surf Ave Holdings LLC

Wildwood, NJ· ~1 mi

Hotels (except Casino Hotels) and Motels

$2.1M
SBA financing: ≈ $4.2M–$6.9M
Est. revenue (rough)

Coastal WC, Inc

Wildwood, NJ· ~1 mi

Hotels (except Casino Hotels) and Motels

$1.9M
SBA financing: ≈ $3.8M–$6.4M
Est. revenue (rough)

Newport Beach Investments LLC

Wildwood, NJ· ~1 mi

Hotels (except Casino Hotels) and Motels

$2.3M
SBA financing: ≈ $4.5M–$7.5M
Est. revenue (rough)

BEACHSIDE RESORT, LLC

Wildwood, NJ· ~1 mi

Hotels (except Casino Hotels) and Motels

$2.6M
SBA financing: ≈ $5.2M–$8.7M
Est. revenue (rough)

Alpha 3 Investments LLC

Wildwood, NJ· ~0 mi

Hotels (except Casino Hotels) and Motels

$1.2M
SBA financing: ≈ $2.4M–$4.1M
Est. revenue (rough)

Hiatus STLM, Inc.

Wildwood, NJ· ~0 mi

Hotels (except Casino Hotels) and Motels

$4.0M
SBA financing: ≈ $7.7M–$13M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for MANGO MOTEL in Wildwood, NJ (Hotels (except Casino Hotels) and Motels). DealRoom 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 $2.0M
On record FY2023
4 jobs supported
Industry: Hotels (except Casino Hotels) and Motels
Location: Wildwood, NJ
Lender: Celtic Bank Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in NJ for ~$2.0M deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/mango-motel-nj
API:: https://dealroom.so/api/public/businesses/mango-motel-nj
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is MANGO MOTEL your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with MANGO MOTEL.