Procedyne Corp.
11 Industrial Dr, New Brunswick, NJ 8901 · Industrial Process Furnace and Oven Manufacturing (NAICS 333994)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
5
Total Amount
$19.0M
Jobs Supported
150
Years Active
1997–2023
Loan History (5)
Source: SBA FOIA7(a)$5,000,000
Exempt
- Approved
- Dec 13, 2022 (FY2023)
- SBA Guaranteed
- $4,500,000 (90%)
- Term
- 36 months (3.0 yrs)
- Interest Rate
- 8.00%
- Revolver
- 1
- Jobs Supported
- 45
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial Process Furnace and Oven Manufacturing (NAICS 333994)
Lender
Td Bank, National Association
2035 Limestone Rd, Wilmington, DE 19808
Project Location
Middlesex County, NJ
7(a)$5,000,000
Cancelled
- Approved
- Apr 30, 2020 (FY2020)
- SBA Guaranteed
- $4,500,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 4.25%
- Revolver
- 1
- Jobs Supported
- 40
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial Process Furnace and Oven Manufacturing (NAICS 333994)
Lender
Td Bank, National Association
2035 Limestone Rd, Wilmington, DE 19808
Project Location
Middlesex County, NJ
7(a)$5,000,000
Cancelled
- Approved
- Jun 27, 2019 (FY2019)
- SBA Guaranteed
- $4,500,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 6.50%
- Revolver
- 1
- Jobs Supported
- 40
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial Process Furnace and Oven Manufacturing (NAICS 333994)
Lender
Td Bank, National Association
2035 Limestone Rd, Wilmington, DE 19808
Project Location
Middlesex County, NJ
7(a)$3,000,000
Paid in Full
- Approved
- Jun 1, 2018 (FY2018)
- SBA Guaranteed
- $2,700,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 1
- Jobs Supported
- 25
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial Process Furnace and Oven Manufacturing (NAICS 333994)
- Paid in Full
- May 31, 2019
Lender
Td Bank, National Association
2035 Limestone Rd, Wilmington, DE 19808
Project Location
Middlesex County, NJ
7(a)$1,000,000
Cancelled
- Approved
- May 3, 1997 (FY1997)
- SBA Guaranteed
- $750,000 (75%)
- Term
- 84 months (7.0 yrs)
- Revolver
- 0
- Business Type
- Corporation
- Industry
- Industrial Process Furnace and Oven Manufacturing (NAICS 333994)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Middlesex County, NJ
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 333994 — Industrial Process Furnace and Oven Manufacturing
- Address
- 11 Industrial Dr
New Brunswick, NJ 8901
Lenders
- Td Bank, National Association
- 2035 Limestone Rd, Wilmington, DE 19808
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042