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SBA lending record

Car Valley Group

847 Communipaw Ave, Jersey City, NJ · Used Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$150K

Total SBA financing

1

Loan on record

FY2023

On record

11

Jobs supported

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The loan

$150,000 — FY2023

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Cancelled
Rate at approval: 9.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/10/2022
Collateral: Required
Jobs supported: 11
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Used Car Dealers
NAICS code: 441120
Lender: Newtek Small Business Finance, Inc.
Address: 847 Communipaw Ave
City: Jersey City
County: Hudson
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 8

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding used car dealers — by location, industry.

SBA lenders in New Jersey Lenders for used car dealers Used Car Dealers lenders in New Jersey

Similar businesses

Comparable used car dealers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Wow auto sales inc

Jersey City, NJ· ~3 mi

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$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

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MBM Group LLC

Kearny, NJ· ~4 mi

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$170K
SBA financing: ≈ $333K–$556K
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AMG AUTO, INC.

Hillside, NJ· ~8 mi

Used Car Dealers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

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GTR Auto Solutions LLC

Newark, NJ· ~4 mi

Used Car Dealers

$275K
SBA financing: ≈ $539K–$899K
Est. revenue (rough)

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M C E MOTORS LLC

Belleville, NJ· ~6 mi

Used Car Dealers

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

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Toota Auto Group

Lakewood, NJ· ~44 mi

Used Car Dealers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Car Valley Group in Jersey City, NJ (Used Car Dealers). 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 $150K
On record FY2023
11 jobs supported
Industry: Used Car Dealers
Location: Jersey City, NJ
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Used Car Dealers businesses in NJ for ~$150k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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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/car-valley-group-nj
API:: https://dealroom.so/api/public/businesses/car-valley-group-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.

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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 Car Valley Group.