Main Street Registry

Continental Sports Lounge Inc.

New York, NY · Full-Service Restaurants · NAICS 722511

Continental Sports Lounge Inc. is a full-service restaurant business located in New York, NY, classified under NAICS 722511. It financed real estate or equipment through an SBA 504 loan of $1,481,000 (the SBA portion), approved on January 26, 2026, through OceanFirst Bank, National Association, with Trenton Business Assistance Corporation as the certified development company.

SBA 504 loan, approved Jan 26, 2026

$1,481,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,481,000
Bank portion
$2,260,000
Estimated project size
$4,156,667 (estimated)
Estimated owner equity
$415,667 (estimated, about 10% of the project)
Bank lender
OceanFirst Bank, National Association, Toms River, NJ
CDC
Trenton Business Assistance Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
January 26, 2051 (estimated, approval date plus term)
First disbursement
Jun 17, 2026
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
New York County, NY
SBA district office
New York District Office
Congressional district
NY-10
Collateral
Yes

Estimated share of project by source

Bank 54% SBA (CDC) 36% Owner 10%

  • Larger than 48% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • 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