Main Street Registry

All Sportz

Melville, NY · Fitness and Recreational Sports Centers · NAICS 713940

All Sportz is a fitness and recreational sports center located in Melville, New York, in the Fitness and Recreational Sports Centers industry. The company financed real estate or equipment through an SBA 504 loan of $2,292,000, with Wells Fargo Bank National Association as the bank lender and Empire State Certified Development Corporation as the certified development company, approved on August 5, 2024.

SBA 504 loan, approved Aug 5, 2024

$2,292,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,292,000
Bank portion
$3,205,400
Estimated project size
$6,108,222 (estimated)
Estimated owner equity
$610,822 (estimated, about 10% of the project)
Bank lender
Wells Fargo Bank National Association, Sioux Falls, SD
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 5, 2049 (estimated, approval date plus term)
First disbursement
Oct 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Suffolk County, NY
SBA district office
New York District Office
Congressional district
NY-2
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 65% of expansion loans in Fitness and Recreational Sports Centers on this site.
  • Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
  • 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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Same industry in New York