SBA lending record
Astro Precision Tool & Machine LLC
810 Martin St., Rahway, NJ · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.1M
Total SBA financing
2
Loans on record
FY2024
On record
42
Jobs supported
● business · ● lender
Is Astro Precision Tool & Machine 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.
All 2 loans
$3,660,000 — FY2024
Loan 1 of 2- Gross approval
- $3,660,000
- SBA guaranteed
- $2,745,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 10.5% v
- Term
- 283 mo (24 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/16/2023
- First disbursement
- 2/23/2024
- Days to fund
- 69 days
- Collateral
- Required
- Sold on secondary market
The lender
Meridian Bank
2 loans to this business- Total assets
- $2575.1B
- Deposits
- $2173.7B
- Loans outstanding
- $2199.3B
- Net income
- $2.9B
- Return on assets
- 0.45720944125812824%
- Return on equity
- 4.81%
- Total equity
- $244.6B
- Offices
- 6
- Founded
- 07/0
- Headquarters
- 220 W. Lancaster Avenue, Wayne, PA, 19087
- FDIC cert
- 57777
- Website
- www.meridianbanker.com
Is Astro Precision Tool & Machine LLC your business?
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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 Astro Precision Tool & Machine LLC.