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SBA lending record

Romel V Auto Center, LLC

458 Fairlawn Parkway, Saddle Brook, NJ · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.2M

Total SBA financing

1

Loan on record

FY2025

On record

3

Jobs supported

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The loan

$1,160,000 — FY2025

Gross approval: $1,160,000
SBA guaranteed: $870,000 (75%)
Status: Cancelled
Rate at approval: 10.25% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/25/2025
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: General Automotive Repair
NAICS code: 811111
Lender: Columbia Bank
Address: 458 Fairlawn Parkway
City: Saddle Brook
County: Bergen
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 5

The lender

Columbia Bank

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

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The banks most active funding general automotive repair — by location, industry.

SBA lenders in New Jersey Lenders for general automotive repair General Automotive Repair lenders in New Jersey

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Comparable general automotive repair in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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Agent summary

This page summarizes the public SBA 7(a) lending record for Romel V Auto Center, LLC in Saddle Brook, 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 $1.2M
On record FY2025
3 jobs supported
Industry: General Automotive Repair
Location: Saddle Brook, NJ
Lender: Columbia Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Automotive Repair businesses in NJ for ~$1.2M deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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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/romel-v-auto-center-llc-nj
API:: https://dealroom.so/api/public/businesses/romel-v-auto-center-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.

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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 Romel V Auto Center, LLC.