SBA 7(a)Current

The Lane Construction Company

Montclair, NJMagyar BankCommercial and Institutional Building Construction · NAICS 236220

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APPROVAL AMOUNT

$999,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2024-05-23

11.25% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Montclair, NJ

INDUSTRY

Commercial and Institutional Building Construction · NAICS 236220

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.25%

LOAN STATUS

Current

Montclair, NJ

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