Acquisition Lender Index

Home MarketsNew Jersey Local market

Automotive Body, Paint, and Interior Repair and Maintenance: SBA acquisition loans in New Jersey

5 SBA-financed business acquisitions in New Jersey classified as Automotive Body, Paint, and Interior Repair and Maintenance, FY2024–FY2026. Median loan $860K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
5
Total approved
$5.9M
Median loan
$860K
Middle half of loans
$725K to $1.4M
Median starting rate
11.00%
Median term
10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 5 recorded approvals in FY2024–FY2026. For a broader comparison, open the New Jersey state profile or the national industry profile.

Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 Manufacturers and Traders Trust Company 240%$388K$775K
2 First Bank 120%$2.9M$2.9M
3 Columbia Bank 120%$1.4M$1.4M
4 Hanover Community Bank 120%$860K$860K

For comparison, the same industry nationwide: 135 loans, median $810K, median starting rate 9.50%. See Automotive Body, Paint, and Interior Repair and Maintenance in every state.

Deals by SBA fiscal year

FY20182 loans, $500K
FY20194 loans, $1.8M
FY20211 loans, $849K
FY20223 loans, $3.8M
FY20233 loans, $5.6M
FY20244 loans, $3.0M
FY20251 loans, $2.9M

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.