Olivien Foods Corporation
Olivien Foods Corporation, located in Califon, New Jersey, operates in the full-service restaurants industry (NAICS 722511). The business was financed with an SBA 7(a) loan for a change of ownership of $586,000 from Provident Bank, with approval dated September 17, 2026.
SBA 7(a) loan, change of ownership, approved Sep 17, 2026
$586,000 approvedLender: Provident Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $586,000
- SBA-guaranteed amount
- $439,500 (75% of the approval)
- Lender
- Provident Bank, Jersey City, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,423 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Hunterdon County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 15% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in New Jersey: $1,626,307.
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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