Elitecrete Hudson Valley, Inc
Elitecrete Hudson Valley, Inc, located in Pine Bush, NY, operates in the flooring contractors industry (NAICS 238330). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,936,000, approved by Valley National Bank on December 8, 2025.
SBA 7(a) loan, change of ownership, approved Dec 8, 2025
$1,936,000 approvedLender: Valley National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,936,000
- SBA-guaranteed amount
- $1,452,000 (75% of the approval)
- Lender
- Valley National Bank, Passaic, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 8, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $24,524 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 238330, Flooring Contractors
- Project location
- Orange County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-18
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in Flooring Contractors on this site.
- Average acquisition loan in Flooring Contractors: $1,653,780.
- 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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