SBA lending record
Russo’s Pharmacy
1909 Cornaga Ave, Far Rockaway, NY 11691 · Medical, Dental, and Hospital Equipment and Supplies Merchan. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$480K
Total SBA financing
2
Loans on record
FY2025
On record
9
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$400,000 — FY2025
Loan 1 of 2- Gross approval
- $400,000
- SBA guaranteed
- $300,000 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/25/2025
- First disbursement
- 3/13/2025
- Days to fund
- 16 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Medical, Dental, and Hospital Equipment and Supplies Merchan
- NAICS code
- 423450
- Address
- 1909 Cornaga Ave
- City
- Far Rockaway, 11691
- County
- Queens
- SBA district office
- NEW YORK DISTRICT OFFICE
- Congressional district
- 4
$80,000 — FY2025
Loan 2 of 2- Gross approval
- $80,000
- SBA guaranteed
- $40,000 (50%)
- Status
- Current
- Rate at approval
- 13.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/25/2025
- First disbursement
- 5/13/2025
- Days to fund
- 77 days
- Collateral
- None
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Pharmacies and Drug Retailers
- NAICS code
- 456110
- Address
- 1909 CORNAGA AVE
- City
- Far Rockaway, 11691
- County
- Queens
- SBA district office
- NEW YORK DISTRICT OFFICE
- Congressional district
- 4
The lender
Newtek Bank, National Association
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding medical, dental, and hospital equipment and supplies merchan — by location, industry.
Similar businesses
Comparable medical, dental, and hospital equipment and supplies merchan in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Orthocare Supplies Inc
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Medical, Dental, and Hospital Equipment and Supplies Merchan
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- $500K
- SBA financing
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- Est. revenue (rough)
Starlight imports inc.
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Medical, Dental, and Hospital Equipment and Supplies Merchan
- $514K
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- ≈ $1.0M–$1.7M
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Zaid Management Corp
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Medical, Dental, and Hospital Equipment and Supplies Merchan
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New York Recovery DME CORP.
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Medical, Dental, and Hospital Equipment and Supplies Merchan
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- SBA financing
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Agent summary
This page summarizes the public SBA 7(a) lending record for Russo’s Pharmacy in Far Rockaway, NY (Medical, Dental, and Hospital Equipment and Supplies Merchan). 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 $480K
- On record FY2025
- 9 jobs supported
- Industry: Medical, Dental, and Hospital Equipment and Supplies Merchan
- Location: Far Rockaway, NY
- Lender: Newtek Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Medical, Dental, and Hospital Equipment and Supplies Merchan businesses in NY for ~$240k 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 2026-06-17.
- 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 Russo’s Pharmacy.