Columbia Bank

NJ

SBA-approved lender offering 9 loan programs across 7 industries.

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Key Metrics

Interest Rate

9.13%

2.38% over prime

Average Loan

$1.0M

Per approval

Total Approvals

18

FY 2025

Loan Programs (9)

Existing or more than 2 years old
Loan Funds will Open Business
Preferred Lenders Program
SBA Express Program
Startup
New Business or 2 years or less
7a General
Fixed Rates
Change of Ownership

Industries Served (7)

Cafeterias, Grill Buffets, and BuffetsGeneral Automotive RepairLimited-Service RestaurantsOffices of Real Estate Agents and BrokersOther Motion Picture and Video IndustriesOther Scientific and Technical Consulting ServicesPrivate Mail Centers

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.38%
Effective Rate
9.13%
Fiscal Year
2025
States Served
NJ

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