LBU Inc.
LBU Inc. is located in Paterson, NJ, and the SBA lists its industry as Apparel Accessories and Other Apparel Manufacturing. It was approved for an SBA 504 loan ($1,449,000 SBA portion) on August 12, 2025 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 12, 2025 | $1,449,000 | $1,418,000 | $3,185,556 (estimated) | Bank of America, National Association | Empire State Certified Development Corporation | 25 years | 64 | Approved, not yet funded |
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
- Peligro Sports Production, Inc., Northvale