Tad Associates, Inc.
Tad Associates, Inc. is located in New York, NY, and the SBA lists its industry as Engineering Services. It was approved for an SBA 504 loan ($2,211,000 SBA portion) on October 6, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 6, 2023
- SBA (CDC) portion
- $2,211,000
- Bank portion
- $2,702,000
- Estimated project size
- $5,458,889 (estimated)
- Estimated owner equity
- $545,889 (estimated, about 10% of the project)
- Bank lender
- OceanFirst Bank, National Association, Toms River, NJ
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 6, 2048 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 541330, Engineering Services
- Project location
- New York County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-10
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 67% of expansion loans in Engineering Services on this site.
- Average expansion loan in Engineering Services: $2,057,515.
- 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
- Hayduk Engineering, LLC, Ronkonkoma
- LC Associates, New York
- E.P. Engineering, L.L.C., New York