Main Street Registry

Ricardo Betancourt

Franklin Square, NY · Portfolio Management and Investment Advice · NAICS 523940

Ricardo Betancourt is a business in Franklin Square, NY, operating in portfolio management and investment advice. The company was financed with an SBA 7(a) loan for a change of ownership of $625,000, approved on December 16, 2025 by Byline Bank.

SBA 7(a) loan, change of ownership, approved Dec 16, 2025

$625,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$625,000
SBA-guaranteed amount
$468,750 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
December 16, 2035 (estimated, approval date plus term)
Estimated monthly payment
$8,173 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 16, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Individual
NAICS
523940, Portfolio Management and Investment Advice
Project location
Nassau County, NY
SBA district office
New York District Office
Congressional district
NY-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 19% of acquisition loans in Portfolio Management and Investment Advice on this site.
  • Average acquisition loan in Portfolio Management and Investment Advice: $1,481,771.
  • 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