LC Associates
LC Associates is located in New York, NY, and the SBA lists its industry as Engineering Services. It was approved for an SBA 504 loan ($2,044,000 SBA portion) on March 25, 2025 to finance real estate or equipment.
SBA 504 loan, approved Mar 25, 2025
- SBA (CDC) portion
- $2,044,000
- Bank portion
- $2,000,000
- Estimated project size
- $4,493,333 (estimated)
- Estimated owner equity
- $449,333 (estimated, about 10% of the project)
- Bank lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- March 25, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 541330, Engineering Services
- Project location
- New York County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-10
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 58% of expansion loans in Engineering Services on this site.
- Average expansion loan in Engineering Services: $2,057,515.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New York
- Hayduk Engineering, LLC, Ronkonkoma
- E.P. Engineering, L.L.C., New York
- Tad Associates, Inc., New York