Outdoor Masters Inc.
Outdoor Masters Inc. is a landscaping services business located in Commack, New York, classified under NAICS code 561730. The company was financed with an SBA 7(a) loan for a change of ownership, approved on July 16, 2025, in the amount of $1,945,500 through CIBC Bank USA.
SBA 7(a) loan, change of ownership, approved Jul 16, 2025
$1,945,500 approvedLender: CIBC Bank USA10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,945,500
- SBA-guaranteed amount
- $1,459,125 (75% of the approval)
- Lender
- CIBC Bank USA, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 16, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $25,174 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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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