Optima Leathers; Inter Tanning
Optima Leathers; Inter Tanning is located in Garden City Park, NY, and the SBA lists its industry as Other Miscellaneous Durable Goods Merchant Wholesalers. It was approved for an SBA 504 loan ($1,520,000 SBA portion) on December 4, 2025 to finance real estate or equipment.
SBA 504 loan, approved Dec 4, 2025
- SBA (CDC) portion
- $1,520,000
- Bank portion
- $1,810,000
- Estimated project size
- $3,700,000 (estimated)
- Estimated owner equity
- $370,000 (estimated, about 10% of the project)
- Bank lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 4, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Nassau County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 26% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
- 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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