Waypoint Property Group LLC
Waypoint Property Group LLC is a residential property management business in Astoria, New York, classified under NAICS code 531311 (Residential Property Managers). The company was financed with an SBA 7(a) loan for a change of ownership of $1.15 million, approved on February 17, 2026, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Feb 17, 2026
$1,150,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,150,000
- SBA-guaranteed amount
- $862,500 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $14,258 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 29, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 531311, Residential Property Managers
- Project location
- Queens County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 62% of acquisition loans in Residential Property Managers on this site.
- Average acquisition loan in Residential Property Managers: $1,260,244.
- Average acquisition loan in New York: $1,771,512.
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
- Watermark Capital Management LLC, Brooklyn