Main Street Registry

Bay Ridge Manor

Brooklyn, NY · Caterers · NAICS 722320

Bay Ridge Manor, located in Brooklyn, New York, operates in the caterers industry (NAICS 722320). The business was financed with an SBA 7(a) loan for a change of ownership totaling $2.46 million, approved on November 13, 2025 by Harvest Small Business Finance, LLC.

SBA 7(a) loan, change of ownership, approved Nov 13, 2025

$2,460,000 approvedLender: Harvest Small Business Finance, LLC25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,460,000
SBA-guaranteed amount
$1,845,000 (75% of the approval)
Lender
Harvest Small Business Finance, LLC, Laguna Hills, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
November 13, 2050 (estimated, approval date plus term)
Estimated monthly payment
$20,644 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 22, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
722320, Caterers
Project location
Kings County, NY
SBA district office
New York District Office
Congressional district
NY-11
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 59% of acquisition loans in Caterers on this site.
  • Average acquisition loan in Caterers: $2,164,405.
  • 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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Same industry in New York