SBA lending record
M.G. SYSTEMS INC
340 BROADWAY, Lynbrook, NY 11563 · Plumbing, Heating, and Air-Conditioning Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$135K
Total SBA financing
2
Loans on record
FY2023–26
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$65,000 — FY2026
Loan 1 of 2- Gross approval
- $65,000
- SBA guaranteed
- $32,500 (50%)
- Status
- Committed
- Rate at approval
- 9% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/8/2026
- Collateral
- None
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Lender
- Citibank, N.A.
- Address
- 340 BROADWAY
- City
- Lynbrook, 11563
- County
- Nassau
- SBA district office
- MELVILLE BRANCH OFFICE
- Congressional district
- 4
$70,000 — FY2023
Loan 2 of 2- Gross approval
- $70,000
- SBA guaranteed
- $35,000 (50%)
- Status
- Paid in full
- Rate at approval
- 8.25% v
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/22/2022
- First disbursement
- 11/25/2022
- Days to fund
- 3 days
- Paid in full
- 11/30/2025
- Collateral
- None
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Lender
- Citibank, N.A.
- Address
- 340 BROADWAY
- City
- Lynbrook, 11563
- County
- Nassau
- SBA district office
- MELVILLE BRANCH OFFICE
- Congressional district
- 4
The lender
Find SBA lenders for businesses like this
The banks most active funding plumbing, heating, and air-conditioning contractors — by location, industry.
Similar businesses
Comparable plumbing, heating, and air-conditioning contractors in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
D & S Mechanical Group Inc
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JX HVAC SERVICE INC
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Samuel & Sons Plumbing, Heating and General Contracting Inc.
Elmont, NY· ~4 mi
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- $100K
- SBA financing
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J&E Plumbing & Heating of LI LLC
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Blau Plumbing
Lynbrook, NY· ~1 mi
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- SBA financing
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- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for M.G. SYSTEMS INC in Lynbrook, NY (Plumbing, Heating, and Air-Conditioning Contractors). CapBench 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.
- 2 SBA 7(a) loans totaling $135K
- On record FY2023–26
- 10 jobs supported
- Industry: Plumbing, Heating, and Air-Conditioning Contractors
- Location: Lynbrook, NY
- Lender: Citibank, N.A.
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Plumbing, Heating, and Air-Conditioning Contractors businesses in NY for ~$68k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-19.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with M.G. SYSTEMS INC.