Monda Window & Door Systems, Inc.
Monda Window & Door Systems, Inc. is a manufacturer in Hempstead, New York, classified under NAICS 339999 (All Other Miscellaneous Manufacturing). The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,237,000, approved on December 4, 2023 by Dime Commercial Bank with Empire State Certified Development Corporation.
SBA 504 loan, approved Dec 4, 2023
$1,237,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,237,000
- Bank portion
- $2,415,000
- Estimated project size
- $4,057,778 (estimated)
- Estimated owner equity
- $405,778 (estimated, about 10% of the project)
- Bank lender
- Dime Commercial Bank, Hauppauge, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 4, 2048 (estimated, approval date plus term)
- First disbursement
- Dec 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 339999, All Other Miscellaneous Manufacturing
- Project location
- Nassau County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-4
- Collateral
- Yes
Estimated share of project by source
Bank 60% SBA (CDC) 30% Owner 10%
- Larger than 5% of expansion loans in All Other Miscellaneous Manufacturing on this site.
- Average expansion loan in All Other Miscellaneous Manufacturing: $2,743,762.
- 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
- R. & J. Display LLC, West Babylon