Hewitt's Garden Centers, Inc.
Hewitt's Garden Centers, Inc. is a nursery, garden center, and farm supply retailer in Albany Town of Guilderland, New York. The company was approved for an SBA 504 loan of $2,335,000 through Empire State Certified Development Corporation, with Pioneer Bank, National Association as the lender, and the approval date was April 28, 2026. The loan financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Apr 28, 2026
$2,335,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,335,000
- Bank portion
- $2,830,000
- Estimated project size
- $5,738,889 (estimated)
- Estimated owner equity
- $573,889 (estimated, about 10% of the project)
- Bank lender
- Pioneer Bank, National Association, Albany, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 28, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Business type
- Corporation
- NAICS
- 444240, Nursery, Garden Center, and Farm Supply Retailers
- Project location
- Albany County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-20
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Nursery, Garden Center, and Farm Supply Retailers: $2,724,667.
- 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.
Is this your company? Claim or correct this listing. See Corrections.