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BEST RATE CAPITAL, INC.

Company Details

Name: BEST RATE CAPITAL, INC.
Jurisdiction: New York
Legal type: DOMESTIC BUSINESS CORPORATION
Status: Active
Date of registration: 17 May 2006 (19 years ago)
Entity Number: 3363397
ZIP code: 11787
County: Suffolk
Place of Formation: New York
Address: 975 WEST JERICHO TURNPIKE, SUITE 3, SMITHTOWN, NY, United States, 11787

Shares Details

Shares issued 200

Share Par Value 0

Type NO PAR VALUE

Chief Executive Officer

Name Role Address
NATHAN BARAM Chief Executive Officer 975 WEST JERICHO TURNPIKE, SUITE 3, SMITHTOWN, NY, United States, 11787

DOS Process Agent

Name Role Address
BEST RATE CAPITAL, INC. DOS Process Agent 975 WEST JERICHO TURNPIKE, SUITE 3, SMITHTOWN, NY, United States, 11787

History

Start date End date Type Value
2024-05-09 2024-05-09 Address 975 WEST JERICHO TURNPIKE, SUITE 3, SMITHTOWN, NY, 11787, USA (Type of address: Chief Executive Officer)
2021-11-12 2024-05-09 Shares Share type: NO PAR VALUE, Number of shares: 200, Par value: 0
2014-05-01 2024-05-09 Address 975 WEST JERICHO TURNPIKE, SUITE 3, SMITHTOWN, NY, 11787, USA (Type of address: Service of Process)
2012-01-04 2024-05-09 Address 975 WEST JERICHO TURNPIKE, SUITE 3, SMITHTOWN, NY, 11787, USA (Type of address: Chief Executive Officer)
2011-04-01 2012-01-04 Address 139 E MAIN ST, SMITHTOWN, NY, 11787, USA (Type of address: Chief Executive Officer)

Filings

Filing Number Date Filed Type Effective Date
240509003716 2024-05-09 BIENNIAL STATEMENT 2024-05-09
230201004961 2023-02-01 BIENNIAL STATEMENT 2022-05-01
200504060404 2020-05-04 BIENNIAL STATEMENT 2020-05-01
180502006404 2018-05-02 BIENNIAL STATEMENT 2018-05-01
160511006499 2016-05-11 BIENNIAL STATEMENT 2016-05-01

USAspending Awards / Financial Assistance

Date:
2022-09-14
Awarding Agency Name:
Small Business Administration
Transaction Description:
AWARDTYPE: GUARANTEED/INSURED LOANS ACTIVITIES TO BE PERFORMED: TO PROVIDE GUARANTEED LOANS FROM LENDERS TO ELIGIBLE FOR PROFIT SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE BUT CAN DEMONSTRATE AN ABILITY TO REPAY LOANS IF GRANTED, IN A TIMELY MANNER. THE SBA GUARANTEES 7(A) PROGRAM LOANS THROUGH VARIOUS LOAN PROCESSING METHODS INCLUDING: (1) STANDARD 7(A) LOANS; (2) 7(A) SMALL LOANS; (3) SBAEXPRESS LOANS; (4) CAPLINE LOANS; (5) THE QUALIFIED EMPLOYEE TRUSTS (ESOP); (6) EXPORT EXPRESS; (7)EXPORT WORKING CAPITAL PROGRAM (EWCP); (8) INTERNATIONAL TRADE, AND (9) PILOT (TEMPORARY) PROGRAMS. DELIVERABLES: LOAN GUARANTEES EXPECTED OUTCOMES: TO PROVIDE GUARANTEED LOANS FROM LENDERS TO ELIGIBLE FOR PROFIT SMALL BUSINESSES AND, IN CERTAIN CIRCUMSTANCES, TO QUALIFIED EMPLOYEE TRUSTS (ESOPS). INTENDED BENEFICIARIES: SMALL BUSINESSES SUBRECIPIENT ACTIVITIES: NA
Obligated Amount:
0.00
Face Value Of Loan:
350000.00
Total Face Value Of Loan:
350000.00
Date:
2020-06-01
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
20832.00
Total Face Value Of Loan:
20832.00

Paycheck Protection Program

Date Approved:
2020-06-01
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
20832
Current Approval Amount:
20832
Race:
White
Ethnicity:
Not Hispanic or Latino
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
21003.79

Date of last update: 28 Mar 2025

Sources: New York Secretary of State