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Kandel Brothers Of Middletown, New York, Inc. — SBA Loan Record (Middletown, NY) | DealRoom

Intelligence/Electrical Apparatus and Equipment, Wiring Supplies, and Rel/NY

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SBA lending record

Kandel Brothers Of Middletown, New York, Inc.

151 NORTH ST, Middletown, NY 10940 · Electrical Apparatus and Equipment, Wiring Supplies, and Rel. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$5.0M

Total SBA financing

1

Loan on record

FY2025

On record

22

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Kandel Brothers Of Middletown, New York, 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

$5,000,000 — FY2025

Gross approval: $5,000,000
SBA guaranteed: $3,750,000 (75%)
Status: Cancelled
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/30/2024
Collateral: Required
Jobs supported: 22
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Rel
NAICS code: 423610
Lender: First Bank of the Lake
Address: 151 NORTH ST
City: Middletown, 10940
County: Orange
SBA district office: NEW YORK DISTRICT OFFICE
Congressional district: 18

The lender

First Bank of the Lake

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 electrical apparatus and equipment, wiring supplies, and rel — by location, industry.

SBA lenders in New York Lenders for electrical apparatus and equipment, wiring supplies, and rel Electrical Apparatus and Equipment, Wiring Supplies, and Rel lenders in New York

Similar businesses

Comparable electrical apparatus and equipment, wiring supplies, and rel in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Kandel Brothers Of Middletown, New York, LLC

Middletown, NY· ~0 mi

Electrical Apparatus and Equipment, Wiring Supplies, and Rel

$5.0M
SBA financing: ≈ $9.8M–$16M
Est. revenue (rough)

Lehigh Equites LLC

New Windsor, NY· ~18 mi

Electrical Apparatus and Equipment, Wiring Supplies, and Rel

$2.0M
SBA financing: ≈ $3.9M–$6.5M
Est. revenue (rough)

LIGHTING MANAGEMENT, INC.

Valley Cottage, NY· ~33 mi

Electrical Apparatus and Equipment, Wiring Supplies, and Rel

$2.5M
SBA financing: ≈ $4.9M–$8.2M
Est. revenue (rough)

DJ DIRECT INC

Highland, NY· ~27 mi

Electrical Apparatus and Equipment, Wiring Supplies, and Rel

$2.0M
SBA financing: ≈ $4.0M–$6.7M
Est. revenue (rough)

180 South Street LLC

Brooklyn, NY· ~60 mi

Electrical Apparatus and Equipment, Wiring Supplies, and Rel

$3.4M
SBA financing: ≈ $6.7M–$11M
Est. revenue (rough)

Spark Lighting Corp.

Brooklyn, NY· ~59 mi

Electrical Apparatus and Equipment, Wiring Supplies, and Rel

$2.3M
SBA financing: ≈ $4.5M–$7.5M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Kandel Brothers Of Middletown, New York, Inc. in Middletown, NY (Electrical Apparatus and Equipment, Wiring Supplies, and Rel). 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 $5.0M
On record FY2025
22 jobs supported
Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Rel
Location: Middletown, NY
Lender: First Bank of the Lake

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Apparatus and Equipment, Wiring Supplies, and Rel businesses in NY for ~$5.0M 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/kandel-brothers-of-middletown-new-york-inc-ny
API:: https://dealroom.so/api/public/businesses/kandel-brothers-of-middletown-new-york-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 Kandel Brothers Of Middletown, New York, 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 Kandel Brothers Of Middletown, New York, Inc..