Food & Restaurants · lender intelligence
How to finance a 16 Handles in New York
The SBA 7(a) lenders funding the most 16 Handles deals in New York, from public loan records — typical 16 Handles loan about $408K. A bank already funding the brand in your state knows it twice over.
Most active with 16 Handles in New York
Ranked by funded 16 Handles loans in New York. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.20 loans · $8M · Saint Petersburg, FLFull record →
- 2.1,927 loans · $207M · Buffalo, NYFull record →
2+ funded 16 Handles in New York deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Tasty Treats NY LLC in New City, NY — $400K (2024) · purchase · Manufacturers and Traders Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 11.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $300K (75%)
- Approval → funding
- 133 days
- Approved
- 9/17/2024
- First disbursed
- 1/28/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Snack and Nonalcoholic Beverage Bars
If you were the buyer here
- Est. deal size
- $444K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $5,624
- Annual debt service
- $67K
- Cash flow needed (1.25×)
- $84K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Manufacturers and Traders Trust Company · Lender record →
Your business? Claim this record · Request removal
- 16 Handles Franchising LLC in New York, NY — $3.7M (2022) · purchase · BayFirst National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.7M (75%)
- Approval → funding
- 6 days
- Approved
- 8/13/2022
- First disbursed
- 8/19/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Snack and Nonalcoholic Beverage Bars
If you were the buyer here
- Est. deal size
- $4.1M
- Est. down payment (10%)
- $407K
- Est. cash at closing
- $563K
- Monthly payment
- $44,964
- Annual debt service
- $540K
- Cash flow needed (1.25×)
- $674K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
Buying a 16 Handles in New York? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded 16 Handles loans with a New York project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a 16 Handles purchase in New York with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded New York deals. BayFirst National Bank funds the most here. DealRoom is not a lender.
- $408K typical 16 Handles loan
- 2 lenders active in New York
- 2+ funded New York deals
- 133 days typical to fund
Buyers buying a 16 Handles in New York typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- 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.