Ewing Property Mgt, LLC
Ewing Property Mgt, LLC is located in Rochester, NY, and the SBA lists its industry as Other Personal Care Services. It was approved for an SBA 7(a) loan of $643,000 for a change of ownership on May 31, 2024.
SBA 7(a) loan, change of ownership, approved May 31, 2024
- Gross approval
- $643,000
- SBA-guaranteed amount
- $482,250 (75% of the approval)
- Lender
- Genesee Regional Bank, Rochester, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 31, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $8,320 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 10, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- 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)
- Larger than 19% of acquisition loans in Other Personal Care Services on this site.
- Average acquisition loan in Other Personal Care Services: $1,410,088.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New York
- Next Level Brooklyn LLC, Brooklyn
- Sela Management NY, LLC, New York