SBA lending record
Reliance Electronics Inc.
145 Shepherds Lane, Totowa, NJ · Other Electronic Component Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2022
On record
30
Jobs supported
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The loan
$5,000,000 — FY2022
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 7.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/23/2022
- First disbursement
- 10/5/2022
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Peapack Private Bank and Trust
1 loan to this businessFull SBA lending record + branches on the lender page →Is Reliance Electronics Inc. your business?
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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 Reliance Electronics Inc..