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MAGNOLIA ADULT DAY CARE LLC — SBA Loan Record (Fort Lee, NJ) | DealRoom

Intelligence/Services for the Elderly and Persons with Disabilities/NJ

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SBA lending record

MAGNOLIA ADULT DAY CARE LLC

2300 3RD ST, Fort Lee, NJ · Services for the Elderly and Persons with Disabilities. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

1

Loan on record

FY2021

On record

15

Jobs supported

Is MAGNOLIA ADULT DAY CARE 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.

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The loan

$350,000 — FY2021

Gross approval: $350,000
SBA guaranteed: $315,000 (90%)
Status: Current
Rate at approval: 5.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/9/2021
First disbursement: 6/17/2021
Days to fund: 8 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 15
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Services for the Elderly and Persons with Disabilities
NAICS code: 624120
Lender: Provident Bank
Address: 2300 3RD ST
City: Fort Lee
County: Bergen
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 9

The lender

Provident 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 services for the elderly and persons with disabilities — by location, industry.

SBA lenders in New Jersey Lenders for services for the elderly and persons with disabilities Services for the Elderly and Persons with Disabilities lenders in New Jersey

Similar businesses

Comparable services for the elderly and persons with disabilities in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Trucare Adult Medical Day Care Center LLC

Clifton, NJ· ~10 mi

Services for the Elderly and Persons with Disabilities

$400K
SBA financing: ≈ $784K–$1.3M
Est. revenue (rough)

Developmental Disability Awareness With Love, LLC

Boonton, NJ· ~24 mi

Services for the Elderly and Persons with Disabilities

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

Griswold Home Care

Cranford, NJ· ~23 mi

Services for the Elderly and Persons with Disabilities

$480K
SBA financing: ≈ $941K–$1.6M
Est. revenue (rough)

SHAKTI DAY CARE LLC

South Plainfield, NJ· ~30 mi

Services for the Elderly and Persons with Disabilities

$520K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

Reuten Senior Ventures, LLC

Leonia, NJ· ~1 mi

Services for the Elderly and Persons with Disabilities

$3.5M
SBA financing: ≈ $6.9M–$11M
Est. revenue (rough)

FAMILY ADULT DAY CARE LLC

Carlstadt, NJ· ~5 mi

Services for the Elderly and Persons with Disabilities

$1.8M
SBA financing: ≈ $3.6M–$6.0M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for MAGNOLIA ADULT DAY CARE LLC in Fort Lee, NJ (Services for the Elderly and Persons with Disabilities). 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 $350K
On record FY2021
15 jobs supported
Industry: Services for the Elderly and Persons with Disabilities
Location: Fort Lee, NJ
Lender: Provident Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Services for the Elderly and Persons with Disabilities businesses in NJ for ~$350k 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/magnolia-adult-day-care-llc-nj
API:: https://dealroom.so/api/public/businesses/magnolia-adult-day-care-llc-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 MAGNOLIA ADULT DAY CARE LLC 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 MAGNOLIA ADULT DAY CARE LLC.