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Soutra Afrocentric Market, Inc. — SBA Loan Record (New York, NY) | DealRoom

Intelligence/All Other General Merchandise Retailers/NY

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SBA lending record

Soutra Afrocentric Market, Inc.

108 West 116th Street, New York, NY 10026 · All Other General Merchandise Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$25K

Total SBA financing

1

Loan on record

FY2023

On record

5

Jobs supported

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

Is Soutra Afrocentric Market, 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

$25,000 — FY2023

Gross approval: $25,000
SBA guaranteed: $21,250 (85%)
Status: Current
Rate at approval: 11.75% v
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/9/2022
First disbursement: 12/20/2022
Days to fund: 11 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 5
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other General Merchandise Retailers
NAICS code: 455219
Lender: Readycap Lending, LLC
Address: 108 West 116th Street
City: New York, 10026
County: New York
SBA district office: NEW YORK DISTRICT OFFICE
Congressional district: 13

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 all other general merchandise retailers — by location, industry.

SBA lenders in New York Lenders for all other general merchandise retailers All Other General Merchandise Retailers lenders in New York

Similar businesses

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

Lucky 7 on Tremont Discount Corp.

Bronx, NY· ~5 mi

All Other General Merchandise Retailers

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

LUXURYS ACCESSORIES

New York, NY· ~4 mi

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$22K
SBA financing: ≈ $42K–$70K
Est. revenue (rough)

JoLynn LLC

New York, NY· ~3 mi

All Other General Merchandise Retailers

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

AUTODIDAKTOS INC.

New York, NY· ~3 mi

All Other General Merchandise Retailers

$30K
SBA financing: ≈ $59K–$98K
Est. revenue (rough)

Karam PCS Inc.

Brooklyn, NY· ~8 mi

All Other General Merchandise Retailers

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

Express Brands LLC

Bronx, NY· ~8 mi

All Other General Merchandise Retailers

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Soutra Afrocentric Market, Inc. in New York, NY (All Other General Merchandise Retailers). 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 $25K
On record FY2023
5 jobs supported
Industry: All Other General Merchandise Retailers
Location: New York, NY
Lender: Readycap Lending, LLC

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other General Merchandise Retailers businesses in NY for ~$25k 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/soutra-afrocentric-market-inc-ny
API:: https://dealroom.so/api/public/businesses/soutra-afrocentric-market-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 Soutra Afrocentric Market, 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 Soutra Afrocentric Market, Inc..