New Millennium Bank: SBA Lending Record

New Millennium Bank in SBA's loan files

644 approved loans sit against New Millennium Bank in FY2017 to FY2026 files, $620.7 million gross. In SBA's file, New Millennium Bank sits in New Jersey. The 644 loans count as holdings: SBA names New Millennium Bank as holder or last holder. 644 loans fall under SBA 7(a). New Millennium Bank has 0 under SBA 504. New Millennium Bank's range ends with complete FY2026. New Millennium Bank's record spans 644 loans and $620.7 million gross. New Millennium Bank gives no guarantee on 644 loans; SBA does, and no policy appears.

353 of the 644 loans for New Millennium Bank sit in no named class. Classes at New Millennium Bank: Full-service restaurant (83); Hotel and motel (58); Limited-service restaurant at 38; Car wash, 27; Liquor store, 18; Grocery store at 18; Gas station and truck stop, 16; Beauty salon (10); Coffee shop and snack bar at 6; Dental office at 5. 83 Full-service restaurant loans sit beside 353 unclassed ones in New Millennium Bank's 644. A class view of New Millennium Bank spans part of 644. 58 Hotel and motel loans trail 83 Full-service restaurant at New Millennium Bank.

New Millennium Bank: where the loans sit

New Millennium Bank shows these states: New York at 265; New Jersey, 232; Georgia at 52; Texas at 21; Washington at 19; Pennsylvania, 8; Connecticut, 7; Maryland (6); Tennessee, 5. New Millennium Bank is recorded in New Jersey, which does not head this table. New York alone holds 265 of New Millennium Bank's 644 loans. New Millennium Bank's table maps 644 loans, no boundary for sites beyond New York.

New Millennium Bank: the floors

Among FY2017 to FY2024 approvals, 16.4% or more were cancelled, a floor. Ceiling 16.4%, identical to the floor. For this holder, the rate of charge-off is left off for FY2017 to FY2021 disbursements. Loan Analytics' own rule stops it printing where groups are small. Read the gap as unknown; no number fills it. 16.4% cancelled means approval is not funding. New Millennium Bank: no rate, cash flow must hold. At New Millennium Bank, test one is site demand. At New Millennium Bank, test two is full project cost. At New Millennium Bank, test three is debt service coverage. For New Millennium Bank, test four is the appraisal.

New Millennium Bank's book gives a lender $620.7 million gross across 644 loans. New Millennium Bank's record shows a borrower 644 holdings and no terms. The 644 loans cannot show how New Millennium Bank would treat a request. 83 Full-service restaurant loans head the list. New Millennium Bank shows holdings and little else. Any request to New Millennium Bank rests on its own study. Nothing beyond 644 loans appears for New Millennium Bank.