SBA lending record

Lokal

2 2ND ST Unit 101, Jersey City, NJ · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$4.9M

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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The loan

$4,929,000 — FY2023

Gross approval: $4,929,000
SBA guaranteed: $3,696,750 (75%)
Status: Current
Rate at approval: 9.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/22/2023
First disbursement: 7/6/2023
Days to fund: 14 days
Collateral: Required
Sold on secondary market: Yes

The lender

Harvest Small Business Finance, LLC

1 loan to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for Lokal in Jersey City, NJ (Full-Service Restaurants). 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 $4.9M
On record FY2023
56 jobs supported
Industry: Full-Service Restaurants
Location: Jersey City, NJ
Lender: Harvest Small Business Finance, LLC

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/lokal-nj
API:: https://dealroom.so/api/public/businesses/lokal-nj
Methodology:: Sources & methodology

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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 Lokal.