Handgun Headquarters LLC
Handgun Headquarters LLC, located in Attica (Town of Bennington), NY, operates in the sporting goods retail industry. The company financed real estate or equipment through an SBA 504 loan of $1,725,000, with NBT Bank, National Association as the lender and Empire State Certified Development Corporation as the certified development company, with approval dated December 19, 2023.
SBA 504 loan, approved Dec 19, 2023
$1,725,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,725,000
- Bank portion
- $2,107,540
- Estimated project size
- $4,258,378 (estimated)
- Estimated owner equity
- $425,838 (estimated, about 10% of the project)
- Bank lender
- NBT Bank, National Association, Norwich, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 19, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 459110, Sporting Goods Retailers
- Project location
- Wyoming County, NY
- SBA district office
- Buffalo District Office
- Congressional district
- NY-27
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 62% of expansion loans in Sporting Goods Retailers on this site.
- Average expansion loan in Sporting Goods Retailers: $1,648,688.
- 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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