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SBA lending record

I T S INC

454 Commercial Ave, Palisades Park, NJ · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$100K

Total SBA financing

1

Loan on record

FY2021

On record

3

Jobs supported

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The loan

$100,000 — FY2021

Gross approval: $100,000
SBA guaranteed: $90,000 (90%)
Status: Cancelled
Rate at approval: 4.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/23/2021
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: General Automotive Repair
NAICS code: 811111
Lender: New Millennium Bank
Address: 454 Commercial Ave
City: Palisades Park
County: Bergen
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 9

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 general automotive repair — by location, industry.

SBA lenders in New Jersey Lenders for general automotive repair General Automotive Repair lenders in New Jersey

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

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NUTECH AUTO LIMITED LIABILITY COMPANY

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E L & F Truck Corp

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Lee Family Auto Repair LLC

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Agent summary

This page summarizes the public SBA 7(a) lending record for I T S INC in Palisades Park, NJ (General Automotive Repair). 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 $100K
On record FY2021
3 jobs supported
Industry: General Automotive Repair
Location: Palisades Park, NJ
Lender: New Millennium Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Automotive Repair businesses in NJ for ~$100k 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/i-t-s-inc-nj
API:: https://dealroom.so/api/public/businesses/i-t-s-inc-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 I T S INC.