Main Street Registry

Genuine Products Supply LLC

Bloomingburg, NY · All Other General Merchandise Retailers · NAICS 455219

Genuine Products Supply LLC is a business in Bloomingburg, New York, classified as All Other General Merchandise Retailers. The company financed real estate or equipment through an SBA 504 loan, with an SBA portion of $1,685,000 approved through the Empire State Certified Development Corporation and Wells Fargo Bank National Association, with approval dated December 5, 2024.

SBA 504 loan, approved Dec 5, 2024

$1,685,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,685,000
Bank portion
$2,053,750
Estimated project size
$4,154,167 (estimated)
Estimated owner equity
$415,417 (estimated, about 10% of the project)
Bank lender
Wells Fargo Bank National Association, Sioux Falls, SD
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
December 5, 2049 (estimated, approval date plus term)
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
455219, All Other General Merchandise Retailers
Project location
Sullivan County, NY
SBA district office
New York District Office
Congressional district
NY-18
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 59% of expansion loans in All Other General Merchandise Retailers on this site.
  • Average expansion loan in All Other General Merchandise Retailers: $2,003,182.
  • 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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Same industry in New York