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Dryer Vent Wizard of Suffolk County

Patchogue, NY · All Other Specialty Trade Contractors · NAICS 238990

Dryer Vent Wizard of Suffolk County, located in Patchogue, New York, operates in the All Other Specialty Trade Contractors industry (NAICS 238990). The business was financed with an SBA 7(a) loan for a change of ownership of $550,000, approved on September 24, 2025 by United Community Bank.

SBA 7(a) loan, change of ownership, approved Sep 24, 2025

$550,000 approvedLender: United Community Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$550,000
SBA-guaranteed amount
$412,500 (75% of the approval)
Lender
United Community Bank, Greenville, SC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
September 24, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,819 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Franchise
Dryer Vent Wizard
Project location
Suffolk County, NY
SBA district office
New York District Office
Congressional district
NY-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 11% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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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Same industry in New York