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INNOVATIVE AUDIO PRODUCTS,INC. — SBA Loan Record (New York, NY) | DealRoom

Intelligence/Musical Instrument and Supplies Stores/NY

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SBA lending record

INNOVATIVE AUDIO PRODUCTS,INC.

150 East 58th Street, New York, NY 10155 · Musical Instrument and Supplies Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

1

Loan on record

FY2020

On record

2

Jobs supported

Is INNOVATIVE AUDIO PRODUCTS,INC. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$350,000 — FY2020

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Current
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/23/2020
First disbursement: 7/31/2020
Days to fund: 8 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Musical Instrument and Supplies Stores
NAICS code: 451140
Lender: Five Star Bank
Address: 150 East 58th Street
City: New York, 10155
County: New York
SBA district office: NEW YORK DISTRICT OFFICE
Congressional district: 12

The lender

Five Star Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding musical instrument and supplies stores — by location, industry.

SBA lenders in New York Lenders for musical instrument and supplies stores Musical Instrument and Supplies Stores lenders in New York

Similar businesses

Comparable musical instrument and supplies stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Wula Drum, Inc.

Astoria, NY· ~2 mi

Musical Instrument and Supplies Stores

$85K
SBA financing: ≈ $167K–$278K
Est. revenue (rough)

USA Music Source, LLC

Bethel, CT· ~51 mi

Musical Instrument and Supplies Stores

$295K
SBA financing: ≈ $578K–$964K
Est. revenue (rough)

Audio Retail Services, LLC

Easton, PA· ~66 mi

Musical Instrument and Supplies Stores

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

Leedz New York Inc

White Plains, NY· ~21 mi

Musical Instrument and Supplies Stores

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

Hammond Organ World, LLC

Florham Park, NJ· ~22 mi

Musical Instrument and Supplies Stores

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

Drum Center of Portsmouth LLC

North Hampton, NH

Musical Instrument and Supplies Stores

$600K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for INNOVATIVE AUDIO PRODUCTS,INC. in New York, NY (Musical Instrument and Supplies Stores). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $350K
On record FY2020
2 jobs supported
Industry: Musical Instrument and Supplies Stores
Location: New York, NY
Lender: Five Star Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Musical Instrument and Supplies Stores businesses in NY for ~$350k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/innovative-audio-products-inc-ny
API:: https://dealroom.so/api/public/businesses/innovative-audio-products-inc-ny
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is INNOVATIVE AUDIO PRODUCTS,INC. your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with INNOVATIVE AUDIO PRODUCTS,INC..