Main Street Registry

Spine Medicine and Surgery of Long Island

Ronkonkoma, NY · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

Spine Medicine and Surgery of Long Island, located in Ronkonkoma, New York, operates in the offices of physicians industry (NAICS 621111, except mental health specialists). The business financed real estate or equipment through an SBA 504 loan of $1,727,000, approved on November 15, 2024, with M&T Bank Corporation as the lending bank and Empire State Certified Development Corporation as the certified development company.

SBA 504 loan, approved Nov 15, 2024

$1,727,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,727,000
Bank portion
$2,000,000
Estimated project size
$4,141,111 (estimated)
Estimated owner equity
$414,111 (estimated, about 10% of the project)
Bank lender
M&T Bank Corporation, Buffalo, NY
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 15, 2049 (estimated, approval date plus term)
First disbursement
Jun 11, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
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 48% SBA (CDC) 42% Owner 10%

  • Larger than 46% of expansion loans in Offices of Physicians (except Mental Health Specialists) on this site.
  • Average expansion loan in Offices of Physicians (except Mental Health Specialists): $2,141,987.
  • 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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Same industry in New York