Accord Bus LLC
Accord Bus LLC is located in Maspeth, NY, and the SBA lists its industry as Charter Bus Industry. It was approved for an SBA 504 loan ($4,999,000 SBA portion) on November 25, 2024 to finance real estate or equipment.
SBA 504 loan, approved Nov 25, 2024
- SBA (CDC) portion
- $4,999,000
- Bank portion
- $6,400,000
- Estimated project size
- $12,665,556 (estimated)
- Estimated owner equity
- $1,266,556 (estimated, about 10% of the project)
- Bank lender
- Liberty RE Capital LLC, Wynnewood, PA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 25, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 66
- Business type
- Corporation
- NAICS
- 485510, Charter Bus Industry
- Project location
- Queens County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-6
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Average expansion loan in Charter Bus Industry: $1,769,571.
- 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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