Xstatic Pro Lighting/ ProX Live Performance Gear
Xstatic Pro Lighting/ ProX Live Performance Gear is located in Staten Island, NY, and the SBA lists its industry as Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers. It was approved for an SBA 504 loan ($5,000,000 SBA portion) on November 18, 2025 to finance real estate or equipment.
SBA 504 loan, approved Nov 18, 2025
- SBA (CDC) portion
- $5,000,000
- Bank portion
- $3,325,000
- Estimated project size
- $9,250,000 (estimated)
- Estimated owner equity
- $925,000 (estimated, about 10% of the project)
- Bank lender
- New York Business Development Corporation, Latham, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 18, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 423610, Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
- Project location
- Richmond County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-11
- Collateral
- Yes
Estimated share of project by source
Bank 36% SBA (CDC) 54% Owner 10%
- Larger than 88% of expansion loans in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers on this site.
- Average expansion loan in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers: $2,444,062.
- 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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