Red Horse Market
Red Horse Market, located in Southampton, NY, is classified under the industry All Other Specialty Food Retailers (NAICS 445298). The business financed real estate or equipment through an SBA 504 loan of $3,207,000, approved on September 12, 2024, with TD Bank, N.A. as the lending partner and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Sep 12, 2024
$3,207,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,207,000
- Bank portion
- $3,923,400
- Estimated project size
- $7,922,667 (estimated)
- Estimated owner equity
- $792,267 (estimated, about 10% of the project)
- Bank lender
- Td Bank, N.a., Flemington, NJ
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 12, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 445298, All Other Specialty Food Retailers
- 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 80% of expansion loans in All Other Specialty Food Retailers on this site.
- Average expansion loan in All Other Specialty Food Retailers: $2,526,500.
- 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.
Same industry in New York
- Edible Arrangements, Rochester
- Dulcet Gift Baskets Corp., Monroe