SBA lending record

CRATER DEVELOPMENTS LLC

32 COMMERCE DR, Cranford, NJ · Architectural Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$553K

Total SBA financing

Loan on record

FY2025

On record

Jobs supported

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The loan

$552,500 — FY2025

Gross approval: $552,500
SBA guaranteed: $414,375 (75%)
Status: Current
Rate at approval: 8.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/9/2025
First disbursement: 10/20/2025
Days to fund: 41 days
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Architectural Services
NAICS code: 541310
Lender: Enterprise Bank & Trust
Address: 32 COMMERCE DR
City: Cranford
County: Union
SBA district office: NEW JERSEY DISTRICT OFFICE
Congressional district: 7

The lender

Enterprise Bank & Trust

1 loan to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding architectural services — by location, industry.

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Comparable architectural services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

GREGORY SWITZER ARCHITECTURE P.C.

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SBA financing: ≈ $1.1M–$1.9M
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SBA financing: ≈ $980K–$1.6M
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NORTHEAST METAL SUPPLIES LLC

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Architectural Services

$300K
SBA financing: ≈ $588K–$980K
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Taplan Group LLC

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SBA financing: ≈ $237K–$395K
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MB ARCHITECTURE AND DESIGN, LLC

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SBA financing: ≈ $417K–$695K
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Agent summary

This page summarizes the public SBA 7(a) lending record for CRATER DEVELOPMENTS LLC in Cranford, NJ (Architectural Services). 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.

1 SBA 7(a) loan totaling $553K
On record FY2025
3 jobs supported
Industry: Architectural Services
Location: Cranford, NJ
Lender: Enterprise Bank & Trust

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Architectural Services businesses in NJ for ~$553k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/crater-developments-llc-nj
API:: https://www.capbench.com/api/public/businesses/crater-developments-llc-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 CRATER DEVELOPMENTS LLC.