SBA lending record
T&E Hess 2, LLC
614 COOKMAN AVE #4, Asbury Park, NJ · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$290K
Total SBA financing
1
Loan on record
FY2023
On record
27
Jobs supported
Franchise brand
The Baked Bear
See The Baked Bear's SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$290,000 — FY2023
- Gross approval
- $290,000
- SBA guaranteed
- $217,500 (75%)
- Status
- Paid in full
- Rate at approval
- 10.75% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/17/2023
- First disbursement
- 6/6/2023
- Days to fund
- 20 days
- Paid in full
- 12/31/2025
- Collateral
- Required
The lender
Manufacturers and Traders Trust Company
1 loan to this business- Total assets
- $214201.0B
- Deposits
- $167256.0B
- Loans outstanding
- $137886.0B
- Net income
- $679.0B
- Return on assets
- 1.2718685617873502%
- Return on equity
- 9.61%
- Total equity
- $28171.0B
- Offices
- 983
- Founded
- 01/0
- Headquarters
- 1 M And T Plz, Buffalo, NY, 14203
- FDIC cert
- 588
- Website
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with T&E Hess 2, LLC.