Ferry Machine Corporation
Ferry Machine Corporation is located in Oakland, NJ, and the SBA lists its industry as Machine Shops. It was approved for an SBA 504 loan ($3,019,000 SBA portion) on May 22, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| May 22, 2024 | $3,019,000 | $5,910,000 | $9,921,111 (estimated) | Wells Fargo Bank National Association | Empire State Certified Development Corporation | 25 years | 30 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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Same industry in New Jersey
- Oxford Precision LLC, Wood Ridge
- Astro Precision Tool & Machine LLC, Rahway