East End Lobster Bake
East End Lobster Bake is a caterer located in Southampton, NY, in the NAICS industry for caterers (722320). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,273,000, approved on January 22, 2026, through Dime Commercial Bank and the Empire State Certified Development Corporation.
SBA 504 loan, approved Jan 22, 2026
$1,273,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,273,000
- Bank portion
- $1,395,000
- Estimated project size
- $2,964,444 (estimated)
- Estimated owner equity
- $296,444 (estimated, about 10% of the project)
- Bank lender
- Dime Commercial Bank, Hauppauge, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 22, 2051 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 722320, Caterers
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-1
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Larger than 26% of expansion loans in Caterers on this site.
- Average expansion loan in Caterers: $1,887,963.
- 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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