Main Street Registry

G & G Electric Supply Co. Inc.

New York, NY · Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers · NAICS 423610

G & G Electric Supply Co. Inc., located in New York, NY, is classified under the NAICS code 423610 for merchant wholesalers of electrical apparatus, equipment, and wiring supplies. The company was approved for an SBA 504 loan of $1,851,000 through Provident Bank and Trenton Business Assistance Corporation, with an approval date of June 12, 2026, and the loan financed real estate or equipment through an SBA 504 loan.

SBA 504 loan, approved Jun 12, 2026

$1,851,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,851,000
Bank portion
$2,250,000
Estimated project size
$4,556,667 (estimated)
Estimated owner equity
$455,667 (estimated, about 10% of the project)
Bank lender
Provident Bank, Jersey City, NJ
CDC
Trenton Business Assistance Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
June 12, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
423610, Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Project location
New York County, NY
SBA district office
New York District Office
Congressional district
NY-10
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 44% of expansion loans in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers on this site.
  • Average expansion loan in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers: $2,444,062.
  • 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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