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CHANGJO CORPORATION — SBA Loan Record (Lakewood, NJ) | DealRoom

Intelligence/Drycleaning and Laundry Services (except Coin-Operated)/NJ

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SBA lending record

CHANGJO CORPORATION

117 E County Line RD & 120 E Kennedy BLVD, Lakewood, NJ · Drycleaning and Laundry Services (except Coin-Operated). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.3M

Total SBA financing

1

Loan on record

FY2025

On record

8

Jobs supported

Is CHANGJO CORPORATION 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

$1,270,000 — FY2025

Gross approval: $1,270,000
SBA guaranteed: $952,500 (75%)
Status: Current
Rate at approval: 8.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/16/2024
First disbursement: 1/22/2025
Days to fund: 98 days
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Drycleaning and Laundry Services (except Coin-Operated)
NAICS code: 812320
Lender: New Millennium Bank
Address: 117 E County Line RD & 120 E Kennedy BLVD
City: Lakewood
County: Ocean
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 3

The lender

New Millennium Bank

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 drycleaning and laundry services (except coin-operated) — by location, industry.

SBA lenders in New Jersey Lenders for drycleaning and laundry services (except coin-operated)Drycleaning and Laundry Services (except Coin-Operated) lenders in New Jersey

Similar businesses

Comparable drycleaning and laundry services (except coin-operated) in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Five Star Dry Cleaners Lincroft Corp

Lincroft, NJ· ~16 mi

Drycleaning and Laundry Services (except Coin-Operated)

$706K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

800 Creek Rd. Acquisition

Bellmawr, NJ· ~50 mi

Drycleaning and Laundry Services (except Coin-Operated)

$1.2M
SBA financing: ≈ $2.4M–$3.9M
Est. revenue (rough)

B Linen Service Inc.

Paterson, NJ· ~57 mi

Drycleaning and Laundry Services (except Coin-Operated)

$2.0M
SBA financing: ≈ $3.9M–$6.5M
Est. revenue (rough)

Dry Clean Plaza

Hamilton, NJ· ~27 mi

Drycleaning and Laundry Services (except Coin-Operated)

$405K
SBA financing: ≈ $794K–$1.3M
Est. revenue (rough)

Modern American Cleaners Inc.

Verona, NJ· ~50 mi

Drycleaning and Laundry Services (except Coin-Operated)

$616K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

ANY GARMENT CLEANERS

North Bergen, NJ

Drycleaning and Laundry Services (except Coin-Operated)

$710K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for CHANGJO CORPORATION in Lakewood, NJ (Drycleaning and Laundry Services (except Coin-Operated)). 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 $1.3M
On record FY2025
8 jobs supported
Industry: Drycleaning and Laundry Services (except Coin-Operated)
Location: Lakewood, NJ
Lender: New Millennium Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Drycleaning and Laundry Services (except Coin-Operated) businesses in NJ for ~$1.3M 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/changjo-corporation-nj
API:: https://dealroom.so/api/public/businesses/changjo-corporation-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 CHANGJO CORPORATION 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 CHANGJO CORPORATION.