Lanoba Design LLC
Lanoba Design LLC is located in Brooklyn, NY, and the SBA lists its industry as Furniture Retailers. It was approved for an SBA 7(a) loan of $2,945,000 for a change of ownership on September 21, 2026.
SBA 7(a) loan, change of ownership, approved Sep 21, 2026
- Gross approval
- $2,945,000
- SBA-guaranteed amount
- $2,208,750 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 21, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $36,514 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Kings County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Furniture Retailers on this site.
- Average acquisition loan in Furniture Retailers: $1,875,127.
- 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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Same industry in New York
- Scholet Furniture, Oneonta
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- Meble Furniture, Ronkonkoma
- The House of Wolfgang, LLC, Lakewood