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FUNDED! Our Most Recent SBA 504 Loans

Money with umbrella

Seedcopa + SeedcoDE is proud to announce that the following SBA 504 loans have funded, in partnership with our valued lenders.

August 2022

Bed and Breakfast
Bird in Hand, Lancaster County
Total Project Amount: $950,000
SBA 504 Loan Amount: $298,000
Used for: Change of ownership purchase of existing commercial property
Lending Partner: Ephrata National Bank

Full-Service Auto Repair
Stevens, Lancaster County
Total Project Amount: $583,000
SBA 504 Loan Amount: $211,000
Used to: Purchase new commercial property
Lending Partner: M&T Bank

Full-Service Hair Salon
Folsom, Delaware County
Total Project Amount: $509,000
SBA 504 Loan Amount: $214,000
Used to: Purchase/improve commercial property
Lending Partner: Centric Bank

IT Service Provider
Doylestown, Bucks County
Total Project Amount: $430,000
SBA 504 Loan Amount: $182,000
Used to: Purchase/improve commercial property
Lending Partner: C&N Bank

July 2022

Manufacturer
Perkasie, Bucks County
Total Project Amount: $750,000
SBA 504 Loan Amount: $283,000
Used to: Purchase existing commercial property
Lending Partner: QNB Bank

Child Care Services
Enola, Cumberland County
Total Project Amount: $4,885,377.21
SBA 504 Loan Amount: $1,680,000
Used to: Purchase land/build commercial property to expand to an additional facility
Lending Partner: Members 1st Federal Credit Union

Full-Service Restaurant
Manayunk, Philadelphia
Total Project Amount: $1,580,000
SBA 504 Loan Amount: $498,000
Used to: Refinance SBA 7(a) loan
Lending Partner: S&T Bank

Full-Service Restaurant
West Chester, Chester County
Total Project Amount: $1,690,000
SBA 504 Loan Amount: $699,000
Used to: Refinance SBA 7(a) loan
Lending Partner: S&T Bank

Mental Health Practitioners
Allentown, Lehigh County
Total Project Amount: $670,000
SBA 504 Loan Amount: $280,000
Used to: Purchase new commercial property
Lending Partner: Peoples Security Bank & Trust

June 2022

Family Diner
Pennsburg, Montgomery County
Total Project Amount: $1,130,000
SBA 504 Loan Amount: $452,000
Used for: Change of ownership purchase of existing commercial property
Lending Partner: The Victory Bank

Tech/IT Firm
Springfield, Delaware County
Total Project Amount: $850,000
SBA 504 Loan Amount: $250,000
Used for: Refinance of SBA 7(a) loan
Lending Partner: Franklin Mint FCU

Chimney Construction Company
Media, Delaware County
Total Project Amount: $1,650,000
SBA 504 Loan Amount: $826,000
Used for: Purchase/improve commercial property
Lending Partner: Univest

Early Learning Center
King of Prussia, Montgomery County
Total Project Amount: $1,710,020
SBA 504 Loan Amount: $684,000
Used for: Purchase/improve commercial property
Lending Partner: WSFS

Car Wash
North Wales, Montgomery County
Total Project Amount: $5,600,000
SBA 504 Loan Amount: $1,680,000
Used for: Ground up construction & equipment
Lending Partner: WSFS

May 2022

Brewery & Full-Service Restaurant
Quakertown, Bucks County
Total Project Amount: $1,130,000
SBA 504 Loan Amount: $469,000
Used to: Purchase existing commercial property
Lending Partner: QNB Bank

Full-Service, Gourmet Brazilian Steakhouse
Horsham, Montgomery County
Total Project Amount: $4,452,460
SBA 504 Loan Amount: $1,523,000
Used to: Purchase existing commercial property
Lending Partner: WSFS Bank

Concrete Delivery Company
Downingtown, Chester County
Total Project Amount: $1,845,615
SBA 504 Loan Amount: $763,000
Used to: Purchase existing commercial property
Lending Partner: Truist

Indoor/Outdoor Tennis Facility
Washington Crossing, Bucks County
Total Project Amount: $2,405,000
SBA 504 Loan Amount: $869,000
Used to: Purchase existing commercial property
Lending Partner: C&N

Coin-Operated Laundromat
Philadelphia
Total Project Amount: $1,651,860
SBA 504 Loan Amount: $683,000
Used to: Purchase/improve commercial property
Lending Partner: Fulton Bank

April 2022

Seasonal Planter Arrangements
Philadelphia
Total Project Amount: $2,284,215
SBA 504 Loan Amount: $943,000
Used to: Purchase new commercial property
Lending Partner: Meridian Bank

Energy Servicing Company
West Chester, Chester County, PA
Total Project Amount: $590,065
SBA 504 Loan Amount: $244,000
Used to: Purchase/improve commercial property
Lending Partner: Meridian Bank

Dance Studio
Fort Washington, Montgomery County, PA
Total Project Amount: $1,643,000
SBA 504 Loan Amount: $680,000
Used to: Purchase existing commercial property
Lending Partner: The Victory Bank

March 2022

Property Maintenance and Landscaping
Furlong, Bucks County, PA
Total Project Amount: $803,000
SBA 504 Loan Amount: $330,000
Used to: Purchase/improve commercial property
Lending Partner: Penn Community Bank

February 2022

Optometrist & Eyewear Boutique
Collegeville, Montgomery County, PA
Total Project Amount: $1,062,000
SBA 504 Loan Amount: $415,000
Used to: Purchase/improve commercial property to relocate to larger facility
Lending Partner: Univest

Brewery
Emmaus, Lehigh County, PA
Total Project Amount: $1,342,000
SBA 504 Loan Amount: $548,000
Used to: Purchase/improve commercial property to relocate to larger facility
Lending Partner: Embassy Bank

Recreational Vehicle Sales
Mechanicsburg, Cumberland County, PA
Total Project Amount: $663,000
SBA 504 Loan Amount: $273,000
Used to: Purchase new commercial property
Lending Partner: M&T Bank

Audio Visual Design and Installation Services
Malvern, Chester County, PA
Total Project Amount: $10,465,000
SBA 504 Loan Amount: $4,224,000
Used to: Purchase land/build commercial property to relocate to larger facility
Lending Partner: WSFS

January 2022

Retail Flooring Company
Havertown, Delaware County, PA
Total Project Amount: $625,000
SBA 504 Loan Amount: $258,000
Used for: Purchase of existing commercial property
Lending Partner: Mid Penn Bank

Highway & Site Contractor
Skippack, Montgomery County, PA
Total Project Amount: $736,000
SBA 504 Loan Amount: $375,000
Used for: Refinance of commercial real estate
Lending Partner: Republic Bank

December 2021

Lawn Care Provider
Headquartered in West Chester, Chester County, PA
Total Project Amount: $1,540,000
SBA 504 Loan Amount: $616,000
Used for: Purchase of new commercial property
Lending Partner: WSFS Bank

November 2021

Franchise Gutter Repair
Allentown, Lehigh County, PA
Total Project Amount: $774,000
SBA 504 Loan Amount: $310,000
Use For: Purchase of new commercial property
Lending Partner: Harleysville Bank

Law Firm
Doylestown, Bucks County, PA
Total Project Amount: $1,180,000
SBA 504 Loan Amount $472,000
Used For: Purchase of formerly leased property
Lending Partner: WSFS Bank

 

For almost forty years, Seedcopa + SeedcoDE has helped businesses get the money they need to start, grow and expand. We are proud that the loan programs we work with promote economic development.

Together with economic development partners throughout Pennsylvania and Delaware, we help to grow local businesses, create and retain jobs and stimulate local communities.

Our team has over 75 years of combined government lending experience and a dedication to excellent customer service. After our initial assessment of your project, our commitment is to get you approved and closed.

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