Astra Transportation Corp.
Astra Transportation Corp. is a business in Yonkers, New York, in the school and employee bus transportation industry (NAICS 485410). The company was financed with an SBA 7(a) loan for a change of ownership, with two loans totaling $3.725 million approved by Pathward National Association on May 15, 2025. The loans report 135 jobs.
SBA 7(a) loan, change of ownership, approved May 15, 2025
$3,225,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,225,000
- SBA-guaranteed amount
- $2,418,750 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $42,619 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 6, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 135
- Business type
- Corporation
- NAICS
- 485410, School and Employee Bus Transportation
- Project location
- Westchester County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in School and Employee Bus Transportation: $2,276,750.
- 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.
SBA 7(a) loan, change of ownership, approved May 15, 2025
$500,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,608 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 6, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 135
- Business type
- Corporation
- NAICS
- 485410, School and Employee Bus Transportation
- Project location
- Westchester County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in School and Employee Bus Transportation: $2,276,750.
- 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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