Innovative Manufacturing Inc.
Innovative Manufacturing Inc. is located in Flemington aka Raritan, NJ, and the SBA lists its industry as All Other Specialty Trade Contractors. It was approved for an SBA 504 loan ($3,134,000 SBA portion) on December 2, 2025 to finance real estate or equipment.
SBA 504 loan, approved Dec 2, 2025
- SBA (CDC) portion
- $3,134,000
- Bank portion
- $3,812,420
- Estimated project size
- $7,718,244 (estimated)
- Estimated owner equity
- $771,824 (estimated, about 10% of the project)
- Bank lender
- Magyar Bank, New Brunswick, NJ
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- December 2, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Hunterdon County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 92% of expansion loans in All Other Specialty Trade Contractors on this site.
- Average expansion loan in All Other Specialty Trade Contractors: $1,769,072.
- Average expansion loan in New Jersey: $2,533,058.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in New Jersey
- DMD Stairs LLC, Berkeley
- ROC Building LLC, North Bergen
- Savage Group LLC, Hazlet