United Brakes & Clutch Corp

2039 Route 130, Burlington, NJ 8554 · General Automotive Repair (NAICS 811111)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$3.9M

Jobs Supported

26

Years Active

2021–2023

Loan History (3)

Source: SBA FOIA
7(a)$1,250,000
Exempt
Approved
Jan 30, 2023 (FY2023)
SBA Guaranteed
$937,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
9.00%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
General Automotive Repair (NAICS 811111)

Lender

Meridian Bank

9 Old Lincoln Hwy, Malvern, PA 19355

Project Location

Burlington County, NJ

7(a)$150,000
Exempt
Approved
Jul 8, 2021 (FY2021)
SBA Guaranteed
$112,500 (75%)
Term
84 months (7.0 yrs)
Interest Rate
4.50%
Revolver
1
Jobs Supported
8
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Automotive Repair (NAICS 811111)

Lender

Meridian Bank

9 Old Lincoln Hwy, Malvern, PA 19355

Project Location

Burlington County, NJ

7(a)$2,500,000
Exempt
Approved
Jul 8, 2021 (FY2021)
SBA Guaranteed
$2,250,000 (90%)
Term
300 months (25.0 yrs)
Interest Rate
4.50%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Automotive Repair (NAICS 811111)

Lender

Meridian Bank

9 Old Lincoln Hwy, Malvern, PA 19355

Project Location

Burlington County, NJ

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
811111 General Automotive Repair
Address
2039 Route 130
Burlington, NJ 8554

Lender

Meridian Bank
9 Old Lincoln Hwy, Malvern, PA 19355

Other SBA Borrowers in Burlington

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