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Union County Economic Development Corporation

Cranford, NJ 7016

3
Loans Approved
$470K
Total Volume
$157K
Avg Loan Size
1
States Served

States Served

New Jersey

Top Industries Financed

  • General Freight Trucking, Local
  • Offices of Certified Public Accountants
  • Other Grocery and Related Products Merchant Wholesalers

Quick Summary

Union County Economic Development Corporation is an SBA-approved lender headquartered in Cranford, New Jersey. Since 2020, they have approved 3 SBA 7(a) loans totaling $470K, with an average loan size of $157K. They primarily serve New Jersey businesses.

About Union County Economic Development Corporation

Union County Economic Development Corporation is an SBA-approved lender headquartered in Cranford, New Jersey. Since 2020, they have approved 3 SBA 7(a) loans totaling $470K, with an average loan size of $157K. They primarily serve businesses in New Jersey.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Union County Economic Development Corporation an SBA Preferred Lender?

Union County Economic Development Corporation is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Union County Economic Development Corporation approved?

According to SBA FOIA public records, Union County Economic Development Corporation has approved 3 SBA 7(a) loans totaling $470K since 2020. Their average loan size is $157K.

What states does Union County Economic Development Corporation serve?

Union County Economic Development Corporation primarily serves businesses in New Jersey.

How do I apply for an SBA loan with Union County Economic Development Corporation?

To apply for an SBA 7(a) loan with Union County Economic Development Corporation, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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