F. S. Int'l Trading Inc
F. S. Int'l Trading Inc is a business in Valley Stream, NY, in the wholesale trade agents and brokers industry. The company financed real estate or equipment through an SBA 504 loan of $1,025,000, approved on November 15, 2023, with JPMorgan Chase Bank, National Association as the bank lender and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Nov 15, 2023
$1,025,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,025,000
- Bank portion
- $1,000,000
- Estimated project size
- $2,250,000 (estimated)
- Estimated owner equity
- $225,000 (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
- November 15, 2048 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 425120, Wholesale Trade Agents and Brokers
- Project location
- Nassau County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-4
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Wholesale Trade Agents and Brokers: $2,215,429.
- 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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