Trenton Business Assistance Corporation

NJ

SBA-approved lender offering 7 loan programs across 11 industries.

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Key Metrics

Interest Rate

9.15%

2.40% over prime

Average Loan

$146K

Per approval

Total Approvals

26

FY 2025

Loan Programs (7)

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

Industries Served (11)

All Other Amusement and Recreation IndustriesAll Other Professional, Scientific, and Technical ServicesChild Day Care ServicesDrinking Places (Alcoholic Beverages)Fitness and Recreational Sports CentersLimited-Service RestaurantsNail SalonsOffices of All Other Miscellaneous Health PractitionersOffices of Physicians (except Mental Health Specialists)Retail BakeriesSports and Recreation Instruction

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.40%
Effective Rate
9.15%
Fiscal Year
2025
States Served
NJ

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