SBA 7(a)Undisbursed

UNDER PRESSURE COFFEE

Astoria, NYNewtek Bank, National AssociationSnack and Nonalcoholic Beverage Bars · NAICS 722515

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APPROVAL AMOUNT

$1,000,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2025-02-20

10.5% rate

JOBS SUPPORTED

130

Borrower-reported

Loan details & location

LOCATION

Astoria, NY 11106

INDUSTRY

Snack and Nonalcoholic Beverage Bars · NAICS 722515

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

10.5%

LOAN STATUS

Undisbursed

Astoria, NY 11106

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