Union Plaza Diner Corp.

2466 Us Highway 22, Union City, NJ 7083 · Full-service Restaurants (NAICS 722511)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

5

Total Amount

$4.3M

Jobs Supported

53

Years Active

1992–2019

Loan History (5)

Source: SBA FOIA
7(a)$2,050,000
Exempt
Approved
Sep 16, 2019 (FY2019)
SBA Guaranteed
$1,537,500 (75%)
Term
51 months (4.3 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
30
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Full-service Restaurants (NAICS 722511)

Lender

Peapack Private Bank and Trust

500 Hills Dr, Ste 300, Bedminster, NJ 7921

Project Location

Union County, NJ

7(a)$350,000
Paid in Full
Approved
Apr 3, 2017 (FY2017)
SBA Guaranteed
$175,000 (50%)
Term
36 months (3.0 yrs)
Interest Rate
6.50%
Revolver
1
Jobs Supported
23
Business Type
Corporation
Industry
Full-service Restaurants (NAICS 722511)
Paid in Full
Oct 31, 2019

Lender

First Commerce Bank

1700 Avenue of the States, Ste, Lakewood, NJ 8701

Project Location

Union County, NJ

7(a)$700,000
Paid in Full
Approved
May 28, 1996 (FY1996)
SBA Guaranteed
$525,000 (75%)
Term
240 months (20.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

Pnc Bank, National Association

222 Delaware Ave, Wilmington, DE 19801

Project Location

Union County, NJ

7(a)$350,000
Cancelled
Approved
Sep 15, 1995 (FY1995)
SBA Guaranteed
$262,500 (75%)
Term
300 months (25.0 yrs)
Revolver
0
Business Type
Corporation

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Union County, NJ

7(a)$900,000
Paid in Full
Approved
Feb 24, 1992 (FY1992)
SBA Guaranteed
$720,000 (80%)
Term
180 months (15.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

Valley National Bank

615 Main Ave, Passaic, NJ 7055

Project Location

Union County, NJ

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
722511 Full-service Restaurants
Address
2466 Us Highway 22
Union City, NJ 7083

Lenders

Peapack Private Bank and Trust
500 Hills Dr, Ste 300, Bedminster, NJ 7921
First Commerce Bank
1700 Avenue of the States, Ste, Lakewood, NJ 8701
Pnc Bank, National Association
222 Delaware Ave, Wilmington, DE 19801
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Valley National Bank
615 Main Ave, Passaic, NJ 7055

Other SBA Borrowers in Union City

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