Miller Place 334 LLC
Miller Place 334 LLC is a hardware retailer located in Miller Place, New York, operating under a True Value Company LLC member agreement. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $5,068,000, approved on June 25, 2025 through Empire State Certified Development Corporation with Webster Bank National Association as the bank partner, and the loan is reported as creating 8 jobs.
SBA 504 loan, approved Jun 25, 2025
$5,068,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,068,000
- Bank portion
- $6,200,000
- Estimated project size
- $12,520,000 (estimated)
- Estimated owner equity
- $1,252,000 (estimated, about 10% of the project)
- Bank lender
- Webster Bank National Association, Waterbury, CT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 25, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Franchise
- True Value Company LLC - Member Agreement
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-1
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 93% of expansion loans in Hardware Retailers on this site.
- Average expansion loan in Hardware Retailers: $2,383,133.
- 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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