Acme Gear Co. Inc.

130 West Forest Ave, Englewood, NJ 7631 · Speed Changer, Industrial High-speed Drive, and Gear Manufacturing (NAICS 333612)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$3.9M

Jobs Supported

40

Years Active

2019–2020

Loan History (2)

Source: SBA FOIA
7(a)$350,000
Paid in Full
Approved
Sep 23, 2020 (FY2020)
SBA Guaranteed
$262,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Speed Changer, Industrial High-speed Drive, and Gear Manufacturing (NAICS 333612)
Paid in Full
Jan 31, 2023

Lender

Cadence Bank

201 S Spring St, Tupelo, MS 38804

Project Location

Bergen County, NJ

7(a)$3,542,000
Paid in Full
Approved
Dec 7, 2018 (FY2019)
SBA Guaranteed
$2,656,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
7.00%
Revolver
0
Jobs Supported
40
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Speed Changer, Industrial High-speed Drive, and Gear Manufacturing (NAICS 333612)
Paid in Full
Jan 31, 2023

Lender

Harvest Small Business Finance, Llc

24422 Avenida De La Carlota, Laguna Hills, CA 92653

Project Location

Bergen County, NJ

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
333612 Speed Changer, Industrial High-speed Drive, and Gear Manufacturing
Address
130 West Forest Ave
Englewood, NJ 7631

Lenders

Cadence Bank
201 S Spring St, Tupelo, MS 38804
Harvest Small Business Finance, Llc
24422 Avenida De La Carlota, Laguna Hills, CA 92653

Other SBA Borrowers in Englewood

Advertisement