SBA lending record
RESPECT AUTO QUEENS II LLC
3401 38th Ave., Long Island City, NY 11101 · New Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.6M
Total SBA financing
1
Loan on record
FY2021
On record
40
Jobs supported
Franchise brand
Volkswagen Dealer Agreement
See Volkswagen Dealer Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$2,600,000 — FY2021
- Gross approval
- $2,600,000
- SBA guaranteed
- $1,560,000 (60%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6% v
- Term
- 81 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/8/2021
- First disbursement
- 4/15/2021
- Days to fund
- 7 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Hanover Community Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for RESPECT AUTO QUEENS II LLC in Long Island City, NY (New Car Dealers). 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 $2.6M
- On record FY2021
- 40 jobs supported
- Industry: New Car Dealers
- Location: Long Island City, NY
- Lender: Hanover Community Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is RESPECT AUTO QUEENS II LLC 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 RESPECT AUTO QUEENS II LLC.