SK Petroleum Services Inc
SK Petroleum Services Inc is a business in Fairfield, NJ, in the other chemical and allied products merchant wholesalers industry. It financed real estate or equipment through an SBA 504 loan with a $1,481,000 SBA portion, approved on November 14, 2025, through Citizens Bank, National Association and Trenton Business Assistance Corporation.
SBA 504 loan, approved Nov 14, 2025
$1,481,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,481,000
- Bank portion
- $1,800,000
- Estimated project size
- $3,645,556 (estimated)
- Estimated owner equity
- $364,556 (estimated, about 10% of the project)
- Bank lender
- Citizens Bank, National Association, Providence, RI
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 14, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 424690, Other Chemical and Allied Products Merchant Wholesalers
- Project location
- Essex County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-11
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Other Chemical and Allied Products Merchant Wholesalers: $2,179,429.
- 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.
Is this your company? Claim or correct this listing. See Corrections.