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SBA lending record

FIRST CHOICE IMPORTING INC.

90 Cannonade Drive, Marlboro, NJ · Other Grocery and Related Products Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$100K

Total SBA financing

1

Loan on record

FY2020

On record

Jobs supported

Is FIRST CHOICE IMPORTING INC. your business?

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The loan

$100,000 — FY2020

Gross approval
$100,000
SBA guaranteed
$50,000 (50%)
Status
Charged off (failed)
Rate at approval
5.75% v
Term
49 mo (4 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
8/13/2020
First disbursement
9/1/2020
Days to fund
19 days
Charged off
8/22/2024
Charge-off amount
$93,972
Collateral
None
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Grocery and Related Products Merchant Wholesalers
NAICS code
424490
Address
90 Cannonade Drive
City
Marlboro
County
Monmouth
SBA district office
NEW JERSEY DISTRICT OFFICE
Congressional district
4

The lender

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The banks most active funding other grocery and related products merchant wholesalers — by location, industry.

Similar businesses

Comparable other grocery and related products merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for FIRST CHOICE IMPORTING INC. in Marlboro, NJ (Other Grocery and Related Products Merchant Wholesalers). 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 $100K
  • On record FY2020
  • Industry: Other Grocery and Related Products Merchant Wholesalers
  • Location: Marlboro, NJ
  • Lender: TD Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Grocery and Related Products Merchant Wholesalers businesses in NJ for ~$100k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

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.
  • 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 FIRST CHOICE IMPORTING INC..

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