Lodi Lanes
Lodi Lanes is a bowling center located in Lodi, New Jersey, classified under NAICS code 713950 (Bowling Centers). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,076,000, approved on March 19, 2025, through Valley National Bank and the Trenton Business Assistance Corporation.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New Jersey
- Parkway Lanes, Elmwood Park