SBA lending record

Conte Coffee Company

1042 Springfield Ave, New Providence, NJ · Food Service Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.3M

Total SBA financing

Loans on record

FY2024–25

On record

Jobs supported

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All 3 loans

$2,000,000 — FY2025

Loan 1 of 3

Gross approval: $2,000,000
SBA guaranteed: $1,500,000 (75%)
Status: Current
Rate at approval: 11% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/9/2024
First disbursement: 11/22/2024
Days to fund: 44 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: General Line Grocery Merchant Wholesalers
NAICS code: 424410
Lender: Newtek Bank, National Association
Address: 1042 Springfield Ave
City: New Providence
County: Union
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 7

$250,000 — FY2025

Loan 2 of 3

Gross approval: $250,000
SBA guaranteed: $125,000 (50%)
Status: Current
Rate at approval: 14% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/27/2024
First disbursement: 12/5/2024
Days to fund: 8 days
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: General Line Grocery Merchant Wholesalers
NAICS code: 424410
Lender: Newtek Bank, National Association
Address: 1042 Springfield Ave
City: New Providence
County: Union
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 7

$1,000,000 — FY2024

Loan 3 of 3

Gross approval: $1,000,000
SBA guaranteed: $750,000 (75%)
Status: Current
Rate at approval: 11.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/8/2024
First disbursement: 6/28/2024
Days to fund: 51 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Food Service Contractors
NAICS code: 722310
Lender: Newtek Bank, National Association
Address: 1042 Springfield Ave
City: New Providence
County: Union
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 7

The lender

Newtek Bank, National Association

3 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding food service contractors — by location, industry.

SBA lenders in New Jersey Lenders for food service contractors Food Service Contractors lenders in New Jersey

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SBA financing: ≈ $3.1M–$5.2M
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SBA financing: ≈ $5.1M–$8.5M
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$50K
SBA financing: ≈ $98K–$163K
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SBA financing: ≈ $1.0M–$1.7M
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SBA financing: ≈ $980K–$1.6M
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Agent summary

This page summarizes the public SBA 7(a) lending record for Conte Coffee Company in New Providence, NJ (Food Service Contractors). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

3 SBA 7(a) loans totaling $3.3M
On record FY2024–25
24 jobs supported
Industry: Food Service Contractors
Location: New Providence, NJ
Lender: Newtek Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Food Service Contractors businesses in NJ for ~$1.1M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/conte-coffee-company-nj
API:: https://www.capbench.com/api/public/businesses/conte-coffee-company-nj
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Conte Coffee Company.