SBA lending record
720 Colfax LLC
720 Colfax Ave., Kenilworth, NJ · Commercial Bakeries. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.5M
Total SBA financing
1
Loan on record
FY2026
On record
51
Jobs supported
● business · ● lender
Is 720 Colfax LLC 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.
The loan
$2,489,500 — FY2026
- Gross approval
- $2,489,500
- SBA guaranteed
- $1,867,125 (75%)
- Status
- Committed
- Rate at approval
- 9.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/29/2026
- Collateral
- Required
- Jobs supported
- 51
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
The lender
Magyar Bank
1 loan to this business- Total assets
- $1067.5B
- Deposits
- $885.0B
- Loans outstanding
- $869.6B
- Net income
- $3.3B
- Return on assets
- 1.2343200824142528%
- Return on equity
- 10.99%
- Total equity
- $119.9B
- Offices
- 7
- Founded
- 01/0
- Headquarters
- 400 Somerset St, New Brunswick, NJ, 08901
- FDIC cert
- 30704
- Website
- www.magbank.com
Is 720 Colfax LLC 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 and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with 720 Colfax LLC.