Tetra J Restoration Inc
Tetra J Restoration Inc is a business located in Nesconset, New York, in the Other Personal and Household Goods Repair and Maintenance industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $725,000, approved by Manufacturers and Traders Trust Company with a date of September 1, 2026. The loan is associated with the 1-800 Water Damage franchise.
SBA 7(a) loan, change of ownership, approved Sep 1, 2026
$725,000 approvedLender: Manufacturers and Traders Trust Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $725,000
- SBA-guaranteed amount
- $543,750 (75% of the approval)
- Lender
- Manufacturers and Traders Trust Company, Buffalo, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 1, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,892 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Franchise
- 1-800 Water Damage
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in Other Personal and Household Goods Repair and Maintenance on this site.
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New York
- P.H. Works Inc, Brooklyn