Lodi Lanes
Lodi Lanes is located in Lodi, NJ, and the SBA lists its industry as Bowling Centers. It was approved for an SBA 504 loan ($1,076,000 SBA portion) on March 19, 2025 to finance real estate or equipment.
SBA 504 loan, approved Mar 19, 2025
- SBA (CDC) portion
- $1,076,000
- Bank portion
- $1,500,000
- Estimated project size
- $2,862,222 (estimated)
- Estimated owner equity
- $286,222 (estimated, about 10% of the project)
- Bank lender
- Valley National Bank, Wayne, NJ
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- March 19, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 713950, Bowling Centers
- Project location
- Bergen County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-5
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 8% of expansion loans in Bowling Centers on this site.
- Average expansion loan in Bowling Centers: $2,071,231.
- 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
- Parkway Lanes, Elmwood Park