SBA lending record
Mercer Machine and Tool LLC
332 DARCY AVE, Hamilton, NJ · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$297K
Total SBA financing
1
Loan on record
FY2023
On record
4
Jobs supported
● business · ● lender
Is Mercer Machine and Tool LLC your business?
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The loan
$297,000 — FY2023
- Gross approval
- $297,000
- SBA guaranteed
- $222,750 (75%)
- Status
- Current
- Rate at approval
- 7.5% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/6/2023
- First disbursement
- 5/9/2023
- Days to fund
- 33 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
The lender
First Commerce Bank
1 loan to this business- Total assets
- $1820.5B
- Deposits
- $1342.1B
- Loans outstanding
- $1451.9B
- Net income
- $4.4B
- Return on assets
- 0.9631570837387292%
- Return on equity
- 9.62%
- Total equity
- $187.9B
- Offices
- 11
- Founded
- 01/3
- Headquarters
- 105 River Ave, Lakewood, NJ, 08701
- FDIC cert
- 58054
Is Mercer Machine and Tool LLC your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Mercer Machine and Tool LLC.