First Ridge Holdings LLC
First Ridge Holdings LLC, located in Bay Shore, NY, operates in the All Other Personal Services industry (NAICS 812990). The company was financed with an SBA 7(a) loan for a change of ownership of $717,000, approved on December 12, 2025, through First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved Dec 12, 2025
$717,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $717,000
- SBA-guaranteed amount
- $537,750 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,278 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 812990, All Other Personal Services
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 25% of acquisition loans in All Other Personal Services on this site.
- Average acquisition loan in All Other Personal Services: $1,504,156.
- 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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