Main Street Registry

1678 Bath Ave Brooklyn LLC

Brooklyn, NY · Pharmacies and Drug Retailers · NAICS 456110

1678 Bath Ave Brooklyn LLC is a pharmacy and drug retailer located in Brooklyn, New York. It was financed with an SBA 7(a) loan for a change of ownership of $1,050,000, approved on February 27, 2026, by Byline Bank.

SBA 7(a) loan, change of ownership, approved Feb 27, 2026

$1,050,000 approvedLender: Byline Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$1,050,000
SBA-guaranteed amount
$787,500 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
February 27, 2051 (estimated, approval date plus term)
Estimated monthly payment
$8,992 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
4
Business type
Corporation
NAICS
456110, Pharmacies and Drug Retailers
Project location
Kings County, NY
SBA district office
New York District Office
Congressional district
NY-08
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 33% of acquisition loans in Pharmacies and Drug Retailers on this site.
  • Average acquisition loan in Pharmacies and Drug Retailers: $1,715,134.
  • Average acquisition loan in New York: $1,771,512.

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 York