Bob's Natural Foods LLC
Bob's Natural Foods LLC is a food (health) supplement retailer in Long Beach, NY, classified under NAICS code 456191. The business was financed with an SBA 7(a) loan for a change of ownership of $525,000, approved on April 28, 2026, through Newtek Bank, National Association.
SBA 7(a) loan, change of ownership, approved Apr 28, 2026
$525,000 approvedLender: Newtek Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $525,000
- SBA-guaranteed amount
- $393,750 (75% of the approval)
- Lender
- Newtek Bank, National Association, Miami, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,865 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 29, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 456191, Food (Health) Supplement Retailers
- Project location
- Nassau County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Food (Health) Supplement Retailers: $1,518,389.
- 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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