Divergent Media Solutions, LLC
Divergent Media Solutions, LLC is a business located in Rochester, New York, in the industry of manufacturing and reproducing magnetic and optical media. The company was financed with an SBA 7(a) loan for a change of ownership totaling $617,500, approved on May 20, 2025, by The Canandaigua National Bank and Trust Company.
SBA 7(a) loan, change of ownership, approved May 20, 2025
$617,500 approvedLender: The Canandaigua National Bank and Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $617,500
- SBA-guaranteed amount
- $463,125 (75% of the approval)
- Lender
- The Canandaigua National Bank and Trust Company, Canandaigua, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,822 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 334610, Manufacturing and Reproducing Magnetic and Optical Media
- Project location
- Monroe County, NY
- SBA district office
- Buffalo District Office
- Congressional district
- NY-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Manufacturing and Reproducing Magnetic and Optical Media: $617,500.
- 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.
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