Main Street Registry

Atlas Furniture Installations Inc.

Westbury, NY · All Other Personal Services · NAICS 812990

Atlas Furniture Installations Inc. is a business in Westbury, NY, in the All Other Personal Services industry (NAICS 812990). It financed real estate or equipment through an SBA 504 loan of $1,885,000, approved on August 13, 2024, through M&T Bank Corporation and Empire State Certified Development Corporation. The business is listed as existing or more than 2 years old.

SBA 504 loan, approved Aug 13, 2024

$1,885,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,885,000
Bank portion
$2,300,000
Estimated project size
$4,650,000 (estimated)
Estimated owner equity
$465,000 (estimated, about 10% of the project)
Bank lender
M&T Bank Corporation, Buffalo, NY
CDC
Empire State Certified Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
August 13, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
27
Business type
Corporation
NAICS
812990, All Other Personal Services
Project location
Nassau County, NY
SBA district office
New York District Office
Congressional district
NY-3
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 61% of expansion loans in All Other Personal Services on this site.
  • Average expansion loan in All Other Personal Services: $1,931,490.
  • 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