Main Street Registry

700 Suffolk Produce Market Corp.

Brentwood, NY · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

700 Suffolk Produce Market Corp. is a business in Brentwood, New York, in the supermarkets and other grocery retailers industry (NAICS 445110). The company financed real estate or equipment through an SBA 504 loan of $3,278,000, approved May 13, 2025, through Servbank National Association with Trenton Business Assistance Corporation as the certified development company.

SBA 504 loan, approved May 13, 2025

$3,278,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,278,000
Bank portion
$4,007,500
Estimated project size
$8,095,000 (estimated)
Estimated owner equity
$809,500 (estimated, about 10% of the project)
Bank lender
Servbank National Association, Oswego, IL
CDC
Trenton Business Assistance Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
May 13, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
53
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Suffolk County, NY
SBA district office
New York District Office
Congressional district
NY-1
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 73% of expansion loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average expansion loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $2,388,397.
  • Average expansion loan in New York: $2,225,161.

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.

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Same industry in New York