New Millennium Bank Small Business Administration Loan(SBA) Program

We are helping small businesses grow and succeed.

SBA programs are designed to assist small businesses in obtaining loan approvals and leverage private capital for use in startup costs, working capital, business procurement, franchise fees, equipment, inventory, or the purchase of owner‐occupied commercial real estate. The program provides a lender with the necessary security, in the form of a partial guarantee, for the lender to approve a loan or line-of-credit. Our reputation for creativity, speed, accuracy, and service is what sets us apart from other lenders.

Contact us today and get approved! (201) 585-6090

Our Management Team

Our Management Team

Board of Directors

Byung K. Lee
Chairman of the Board

Dong H. Kim
Vice Chairman of the Board

Donna Baik
Compensation Committee Chair

Young Cho
Audit Committee Chair

I J Choi
Loan Committee Chair

Jason Chon
Investment Committee Chair

Hong S. Hur
President & CEO

Yeong S. Shim
Compliance Committee Chair

Management Team

Hong S.Hur
President & Chief Executive Officer

Gregory Daniels
SVP & Chief Financial Officer

Justin Kim
SVP & Chief Credit Officer

William Lee
SVP & Chief Administrative Officer

Chan Park
SVP & Chief Operating Officer

John Ra
SVP & Chief Planning Officer

Anthony Suh
SVP & Chief Marketing Officer

Andrew Sung Kim
SVP & Chief of Relation Officer

Get Started Now

Grow your business with an affordable, easy business loan

If you’re planning to start a business or expand an existing business, you might need financing help. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan
Get Started Now

Contact Us

Our Corporate Office & Corp. Branch Open

Monday - Friday
9:00am - 5:00pm

Saturday
Closed

Sunday
Closed

Our Branch Open

Monday - Friday
8:30am - 5:00pm

Saturday
9:00am - 1:00pm

Sunday
Closed

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