The New Crystal Restoration Enterprises, Inc.
The New Crystal Restoration Enterprises, Inc. is a specialty trade contractor in Port Chester, NY, classified under the industry All Other Specialty Trade Contractors (NAICS 238990). The business was financed with an SBA 7(a) loan for a change of ownership of $3,861,000, approved on September 21, 2026, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Sep 21, 2026
$3,861,000 approvedLender: Live Oak Banking Company14 years termCommitted, not fully disbursedLoan details
- Gross approval
- $3,861,000
- SBA-guaranteed amount
- $2,895,750 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, fixed
- Term
- 14 years (168 months)
- Estimated maturity
- September 21, 2040 (estimated, approval date plus term)
- Estimated monthly payment
- $38,825 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Westchester County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 87% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- 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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