Empire Abrasives; Black Hawk Abrasives
Empire Abrasives; Black Hawk Abrasives is located in Ronkonkoma, New York, and operates in automotive parts and accessories retail. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,859,000, approved on August 2, 2026, with JPMorgan Chase Bank, National Association as the lender and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Aug 2, 2026
$1,859,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,859,000
- Bank portion
- $2,262,500
- Estimated project size
- $4,579,444 (estimated)
- Estimated owner equity
- $457,944 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 2, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories 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 49% SBA (CDC) 41% Owner 10%
- Larger than 67% of expansion loans in Automotive Parts and Accessories Retailers on this site.
- Average expansion loan in Automotive Parts and Accessories Retailers: $1,798,500.
- 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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