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SBA lending record

Galactic Engineering LLC

223 BANTA AVE, Garfield, NJ · Iron and Steel Mills and Ferroalloy Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$200K

Total SBA financing

1

Loan on record

FY2024

On record

4

Jobs supported

Is Galactic Engineering LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

The loan

$200,000 — FY2024

Gross approval
$200,000
SBA guaranteed
$150,000 (75%)
Status
Current
Rate at approval
10.5% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
4/25/2024
First disbursement
7/2/2024
Days to fund
68 days
Collateral
Required
Jobs supported
4
Business type
Individual
Business age
Startup, Loan Funds will Open Business
Industry
Iron and Steel Mills and Ferroalloy Manufacturing
NAICS code
331110
Address
223 BANTA AVE
City
Garfield
County
Bergen
SBA district office
NEW JERSEY DISTRICT OFFICE
Congressional district
9

The lender

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The banks most active funding iron and steel mills and ferroalloy manufacturing — by location, industry.

Similar businesses

Comparable iron and steel mills and ferroalloy manufacturing 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 Galactic Engineering LLC in Garfield, NJ (Iron and Steel Mills and Ferroalloy Manufacturing). 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 $200K
  • On record FY2024
  • 4 jobs supported
  • Industry: Iron and Steel Mills and Ferroalloy Manufacturing
  • Location: Garfield, NJ
  • Lender: Trenton Business Assistance Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Iron and Steel Mills and Ferroalloy Manufacturing businesses in NJ for ~$200k 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 Galactic Engineering LLC.

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