VKS Mazz Incorporated
VKS Mazz Incorporated is located in Coram, NY, and the SBA lists its industry as General Freight Trucking, Local. It was approved for an SBA 7(a) loan of $600,000 for a change of ownership on July 18, 2025.
SBA 7(a) loan, change of ownership, approved Jul 18, 2025
- Gross approval
- $600,000
- SBA-guaranteed amount
- $450,000 (75% of the approval)
- Lender
- ConnectOne Bank, Englewood Cliffs, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,929 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 26, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- 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 6% of acquisition loans in General Freight Trucking, Local on this site.
- Average acquisition loan in General Freight Trucking, Local: $1,691,140.
- 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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