Main Street Registry

Sreenidhi Realty LLC

Greenvale, NY · Beer, Wine, and Liquor Retailers · NAICS 445320

Sreenidhi Realty LLC, located in Greenvale, New York, operates in the beer, wine, and liquor retail industry (NAICS 445320). The company financed real estate or equipment through an SBA 504 loan of $1,431,000 approved on January 14, 2025, with Bank of America, National Association as the lender and Empire State Certified Development Corporation as the certified development company.

SBA 504 loan, approved Jan 14, 2025

$1,431,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,431,000
Bank portion
$1,750,000
Estimated project size
$3,534,444 (estimated)
Estimated owner equity
$353,444 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 14, 2050 (estimated, approval date plus term)
First disbursement
Mar 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
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 50% SBA (CDC) 40% Owner 10%

  • Larger than 45% of expansion loans in Beer, Wine, and Liquor Retailers on this site.
  • Average expansion loan in Beer, Wine, and Liquor Retailers: $1,620,045.
  • 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