Dutchess County Gymnastics Center
Dutchess County Gymnastics Center is a sports and recreation instruction business in Wappingers Falls, New York. The company financed real estate or equipment through an SBA 504 loan of $1.2 million, approved on September 18, 2024, through Empire State Certified Development Corporation with NYBDC Local Development Corporation dba Pursuit Community Finance as the bank partner.
SBA 504 loan, approved Sep 18, 2024
$1,200,000 SBA portionCDC: Empire State Certified Development Corporation20 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,200,000
- Bank lender
- NYBDC Local Development Corporation dba Pursuit Community Finance, Latham, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- September 18, 2044 (estimated, approval date plus term)
- First disbursement
- Jun 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 611620, Sports and Recreation Instruction
- Project location
- Dutchess County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-18
- Collateral
- Yes
- Larger than 20% of expansion loans in Sports and Recreation Instruction on this site.
- Average expansion loan in Sports and Recreation Instruction: $1,653,800.
- 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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