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Altug Auto Sales LLC — SBA Loan Record (Rockaway, NJ) | DealRoom

Intelligence/Automobile and Other Motor Vehicle Merchant Wholesalers/NJ

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SBA lending record

Altug Auto Sales LLC

296 Route 46, Rockaway, NJ · Automobile and Other Motor Vehicle Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$250K

Total SBA financing

1

Loan on record

FY2025

On record

1

Jobs supported

Is Altug Auto Sales 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.

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The loan

$250,000 — FY2025

Gross approval: $250,000
SBA guaranteed: $187,500 (75%)
Status: Cancelled
Rate at approval: 10% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/15/2025
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
NAICS code: 423110
Lender: Newtek Bank, National Association
Address: 296 Route 46
City: Rockaway
County: Morris
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 11

The lender

Newtek Bank, National Association

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 automobile and other motor vehicle merchant wholesalers — by location, industry.

SBA lenders in New Jersey Lenders for automobile and other motor vehicle merchant wholesalers Automobile and Other Motor Vehicle Merchant Wholesalers lenders in New Jersey

Similar businesses

Comparable automobile and other motor vehicle merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Roman Chariot Bus & Van Sales LLC

Manalapan, NJ· ~42 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$245K
SBA financing: ≈ $480K–$801K
Est. revenue (rough)

CityMotors Export LLC

Newark, NJ· ~21 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

MESG Corp

East Orange, NJ· ~19 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$670K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

Luxury Auto Sales llc

Warminster, PA· ~54 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$385K
SBA financing: ≈ $755K–$1.3M
Est. revenue (rough)

NAME LIGHTING LLC

Fairfield, CT· ~69 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

Twin Bus Co. Inc.

Merrick, NY· ~55 mi

Automobile and Other Motor Vehicle Merchant Wholesalers

$420K
SBA financing: ≈ $824K–$1.4M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Altug Auto Sales LLC in Rockaway, NJ (Automobile and Other Motor Vehicle Merchant Wholesalers). 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 $250K
On record FY2025
1 jobs supported
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
Location: Rockaway, NJ
Lender: Newtek Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Automobile and Other Motor Vehicle Merchant Wholesalers businesses in NJ for ~$250k 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/altug-auto-sales-llc-nj
API:: https://dealroom.so/api/public/businesses/altug-auto-sales-llc-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 Altug Auto Sales 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. Figures are as reported; verify before relying on them. Not affiliated with Altug Auto Sales LLC.