JBO Property Management of Otisville, LLC
JBO Property Management of Otisville, LLC is a hardware retailer located in Otisville, New York, classified under NAICS code 444140 (Hardware Retailers). The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,135,000, approved through TD Bank, National Association on July 31, 2025.
SBA 7(a) loan, change of ownership, approved Jul 31, 2025
$1,135,000 approvedLender: TD Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,135,000
- SBA-guaranteed amount
- $851,250 (75% of the approval)
- Lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.8%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- July 31, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $8,610 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Franchise
- Do it Best - Members
- Project location
- Orange County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-18
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 37% of acquisition loans in Hardware Retailers on this site.
- Average acquisition loan in Hardware Retailers: $1,808,637.
- 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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