KT Marine, Inc.
KT Marine, Inc. is a site preparation contractor located in Perth Amboy, New Jersey, operating under NAICS code 238910. The company was approved for an SBA 504 loan of $3,668,000 on July 18, 2025, which financed real estate or equipment through an SBA 504 loan, with OceanFirst Bank, National Association as the bank partner and Trenton Business Assistance Corporation as the certified development company.
SBA 504 loan, approved Jul 18, 2025
$3,668,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,668,000
- Bank portion
- $5,125,000
- Estimated project size
- $9,770,000 (estimated)
- Estimated owner equity
- $977,000 (estimated, about 10% of the project)
- Bank lender
- OceanFirst Bank, National Association, Toms River, NJ
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- July 18, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Middlesex County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-6
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 93% of expansion loans in Site Preparation Contractors on this site.
- Average expansion loan in Site Preparation Contractors: $1,883,067.
- 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.
Same industry in New Jersey
- Corrosion Control Corp, Pedricktown
- Red Stag Partners LLC, Toms River
- Safeway Contracting, Inc., Union
- Brighton Construction Group, Mahwah