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SOULFOOD SOCIETY MUSIC GROUP, LLC — SBA Loan Record (Elmont, NY) | DealRoom

Intelligence/Record Production and Distribution/NY

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SBA lending record

SOULFOOD SOCIETY MUSIC GROUP, LLC

89 Emily Ave, Elmont, NY 11003 · Record Production and Distribution. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$490K

Total SBA financing

1

Loan on record

FY2024

On record

10

Jobs supported

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

Is SOULFOOD SOCIETY MUSIC GROUP, LLC 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

$490,000 — FY2024

Gross approval: $490,000
SBA guaranteed: $367,500 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 11.25% v
Term: 106 mo (9 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/21/2024
First disbursement: 6/27/2024
Days to fund: 37 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 10
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Record Production and Distribution
NAICS code: 512250
Lender: Readycap Lending, LLC
Address: 89 Emily Ave
City: Elmont, 11003
County: Nassau
SBA district office: MELVILLE BRANCH OFFICE
Congressional district: 4

The lender

Readycap Lending, LLC

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 record production and distribution — by location, industry.

SBA lenders in New York Lenders for record production and distribution Record Production and Distribution lenders in New York

Similar businesses

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

MHZ MEDIA GROUP LLC

Freeport, NY· ~7 mi

Record Production and Distribution

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

STING ENTERPRISES, INC.

Hewlett, NY· ~4 mi

Record Production and Distribution

$38K
SBA financing: ≈ $75K–$124K
Est. revenue (rough)

Real Vibez Only, Inc.

Merrick, NY· ~9 mi

Record Production and Distribution

$40K
SBA financing: ≈ $78K–$131K
Est. revenue (rough)

Not Just Music & Video Inc

Staten Island, NY· ~23 mi

Record Production and Distribution

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

PRIMARY COLOR MUSIC, LLC

Kansas City, MO· ~1110 mi

Record Production and Distribution

$177K
SBA financing: ≈ $347K–$578K
Est. revenue (rough)

EVERLONG RECORDS LLC

Hamburg, PA· ~119 mi

Record Production and Distribution

$64K
SBA financing: ≈ $125K–$209K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for SOULFOOD SOCIETY MUSIC GROUP, LLC in Elmont, NY (Record Production and Distribution). 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 $490K
On record FY2024
10 jobs supported
Industry: Record Production and Distribution
Location: Elmont, NY
Lender: Readycap Lending, LLC

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Record Production and Distribution businesses in NY for ~$490k 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/soulfood-society-music-group-llc-ny
API:: https://dealroom.so/api/public/businesses/soulfood-society-music-group-llc-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 SOULFOOD SOCIETY MUSIC GROUP, 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 SOULFOOD SOCIETY MUSIC GROUP, LLC.