SBA lending record

True North, Inc.

515 MADISON AVE, New York, NY 10022 · Advertising Agencies. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$800K

Total SBA financing

Loans on record

FY2022–25

On record

Jobs supported

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

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All 3 loans

$500,000 — FY2025

Loan 1 of 3

Gross approval: $500,000
SBA guaranteed: $375,000 (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: 5/7/2025
First disbursement: 5/16/2025
Days to fund: 9 days
Collateral: Required
Sold on secondary market: Yes
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Advertising Agencies
NAICS code: 541810
Lender: Grasshopper Bank National Association
Address: 515 Madison Avenue
City: New York, 10022
County: New York
SBA district office: NEW YORK DISTRICT OFFICE
Congressional district: 12

$150,000 — FY2023

Loan 2 of 3

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Paid in full
Rate at approval: 10% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/25/2022
First disbursement: 10/26/2022
Days to fund: 1 days
Paid in full: 5/31/2023
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 26
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Advertising Agencies
NAICS code: 541810
Lender: BayFirst National Bank
Address: 515 MADISON AVE
City: New York, 10022
County: New York
SBA district office: NEW YORK DISTRICT OFFICE
Congressional district: 12

$150,000 — FY2022

Loan 3 of 3

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Paid in full
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/11/2022
First disbursement: 7/27/2022
Days to fund: 16 days
Paid in full: 5/31/2023
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 26
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Advertising Agencies
NAICS code: 541810
Lender: BayFirst National Bank
Address: 515 MADISON AVE
City: New York, 10022
County: New York
SBA district office: NEW YORK DISTRICT OFFICE
Congressional district: 12

The lenders

BayFirst National Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

Grasshopper Bank National Association

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 advertising agencies — by location, industry.

SBA lenders in New York Lenders for advertising agencies Advertising Agencies lenders in New York

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SBA financing: ≈ $2.8M–$4.7M
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SBA financing: ≈ $980K–$1.6M
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KOL BERAMA MEDIA,INC.

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SBA financing: ≈ $2.2M–$3.6M
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SBA financing: ≈ $882K–$1.5M
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Agent summary

This page summarizes the public SBA 7(a) lending record for True North, Inc. in New York, NY (Advertising Agencies). 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.

3 SBA 7(a) loans totaling $800K
On record FY2022–25
52 jobs supported
Industry: Advertising Agencies
Location: New York, NY
Lenders: BayFirst National Bank, Grasshopper Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Advertising Agencies businesses in NY for ~$267k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/true-north-inc-ny
API:: https://www.capbench.com/api/public/businesses/true-north-inc-ny
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 True North, Inc..