Eden Gourmet Market
Eden Gourmet Market is a supermarket and grocery retailer in New York, NY, classified under NAICS 445110 (Supermarkets and Other Grocery Retailers, except Convenience Retailers). The business was financed with an SBA 7(a) loan for a change of ownership of $1,375,000, approved on February 20, 2025 by Centerstone SBA Lending, Inc.
SBA 7(a) loan, change of ownership, approved Feb 20, 2025
$1,375,000 approvedLender: Centerstone SBA Lending, Inc.10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,375,000
- SBA-guaranteed amount
- $1,031,250 (75% of the approval)
- Lender
- Centerstone SBA Lending, Inc., Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $18,362 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- New York County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- 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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