Safeside Insurance Brokerage Inc.
Safeside Insurance Brokerage Inc. is an insurance agency and brokerage in Spring Valley, NY, classified under NAICS code 524210. The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $3,496,000, approved on May 21, 2025, through Momentus Direct Capital with Trenton Business Assistance Corporation as the certified development company.
SBA 504 loan, approved May 21, 2025
$3,496,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,496,000
- Bank portion
- $4,274,000
- Estimated project size
- $8,633,333 (estimated)
- Estimated owner equity
- $863,333 (estimated, about 10% of the project)
- Bank lender
- Momentus Direct Capital, San Diego, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- May 21, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Rockland County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-17
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 85% of expansion loans in Insurance Agencies and Brokerages on this site.
- Average expansion loan in Insurance Agencies and Brokerages: $1,924,000.
- 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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