Empire Air Space, LLC
Empire Air Space, LLC is a business in Ronkonkoma, NY, in the commercial and industrial machinery and equipment repair and maintenance industry (NAICS 811310), excluding automotive and electronic equipment. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $500,000, approved by OceanFirst Bank, National Association, on January 29, 2026.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
$500,000 approvedLender: OceanFirst Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- OceanFirst Bank, National Association, Toms River, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,334 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: $1,576,060.
- 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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