SBA lending record
Picone Automotive, LLC
350 VETERANS HWY, Jackson, NJ · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$725K
Total SBA financing
1
Loan on record
FY2020
On record
1
Jobs supported
Is Picone Automotive, 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.
The loan
$725,400 — FY2020
- Gross approval
- $725,400
- SBA guaranteed
- $544,050 (75%)
- Status
- Current
- Rate at approval
- 6% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/23/2020
- First disbursement
- 5/31/2020
- Days to fund
- 38 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Picone Automotive, LLC in Jackson, 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 $725K
- On record FY2020
- 1 jobs supported
- Industry: General Automotive Repair
- Location: Jackson, NJ
- Lender: Magyar Bank
Is Picone Automotive, 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 Picone Automotive, LLC.