Premiere Transportation
Premiere Transportation is a limousine service business in Albany, NY, operating under NAICS code 485320. The business was financed through an SBA 504 loan for real estate or equipment, with an SBA portion of $1,389,000 from Empire State Certified Development Corporation and a bank portion from Community Bank, National Association, with approval dated April 17, 2026.
SBA 504 loan, approved Apr 17, 2026
$1,389,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,389,000
- Bank portion
- $1,343,000
- Estimated project size
- $3,035,556 (estimated)
- Estimated owner equity
- $303,556 (estimated, about 10% of the project)
- Bank lender
- Community Bank, National Association, Canton, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 17, 2051 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 485320, Limousine Service
- Project location
- Albany County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-20
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Limousine Service: $1,560,333.
- 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.