Commercial Foam Products Corporation
Commercial Foam Products Corporation is a rubber and plastics hoses and belting manufacturer located in Bronx, NY. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,537,000, approved on September 8, 2026, by TD Bank, National Association.
SBA 7(a) loan, change of ownership, approved Sep 8, 2026
$1,537,000 approvedLender: TD Bank, National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,537,000
- SBA-guaranteed amount
- $1,152,750 (75% of the approval)
- Lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.3%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- September 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $18,893 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 326220, Rubber and Plastics Hoses and Belting Manufacturing
- Project location
- Bronx County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-15
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Rubber and Plastics Hoses and Belting Manufacturing: $1,443,500.
- 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
- Rubicon Rubber LLC, Buffalo