JC Lewis Logistics Inc
JC Lewis Logistics Inc is a business in New York, NY, in the general freight trucking, local industry. The company was financed with an SBA 7(a) loan for a change of ownership of $2.3 million, approved on September 25, 2025 by Dime Commercial Bank.
SBA 7(a) loan, change of ownership, approved Sep 25, 2025
$2,269,000 approvedLender: Dime Commercial Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,269,000
- SBA-guaranteed amount
- $1,701,750 (75% of the approval)
- Lender
- Dime Commercial Bank, Hauppauge, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $30,617 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 60
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Project location
- New York County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in General Freight Trucking, Local on this site.
- Average acquisition loan in General Freight Trucking, Local: $1,691,140.
- 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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