Seedcopa + SeedcoDE is proud to announce that the following SBA 504 loans have funded, in partnership with our valued lenders.
May 2023
New/Used Car Dealer
Sinking Spring, Berks County
Total Project Amount: $2,120,000
SBA 504 Loan Amount: $756,000
Used to: Improve commercial property
Lending Partner: Tompkins Community Bank
Supermarket
Philadelphia
Total Project Amount: $6,852,398
SBA 504 Loan Amount: $2,819,000
Used to: Purchase commercial property
Lending Partner: Zions Bank
Gymnastics Facility
West Chester, Chester County
Total Project Amount: $2,977,335
SBA 504 Loan Amount: $1,228,000
Used to: Purchase land/build commercial property to relocate and expand facility
Lending Partner: WSFS
Engineering Services
Glen Mills, Delaware County
Total Project Amount: $1,870,165
SBA 504 Loan Amount: $773,000
Used to: Purchase/improve commercial property
Lending Partner: The Victory Bank
April 2023
Sports & Recreation Instruction
York, York County
Total Project Amount: $2,560,298
SBA 504 Loan Amount: $925,000
Used to: Purchase/improve commercial property
Lending Partner: M&T Bank
Child Care Services
Mohnton, Berks County
Total Project Amount: $1,126,000
SBA 504 Loan Amount: $465,000
Used to: Purchase commercial property
Lending Partner: Tompkins Community Bank
March 2023
Metal Fabrication
Collingdale, Delaware County
Total Project Amount: $4,590,000
SBA 504 Loan Amount: $1,890,000
Used to: Purchase & improve commercial property
Lending Partner: Franklin Mint Federal Credit Union
Funeral Home
Red Hill, Montgomery County
Total Project Amount: $460,000
SBA 504 Loan Amount: $193,000
Used to: Purchase commercial property
Lending Partner: Victory Bank
February 2023
Law Firm
Doylestown, Bucks County
Total Project Amount: $1,514,000
SBA 504 Loan Amount: $627,000
Used to: Purchase land & ground up construction
Lending Partner: WSFS
Residential Remodeler
Lansdale, Montgomery County
Total Project Amount: $636,000
SBA 504 Loan Amount: $265,000
Used to: Purchase new commercial property
Lending Partner: Penn Community Bank
January 2023
Taxidermy Studio
Birdsboro, Berks County
Total Project Amount: $755,000
SBA 504 Loan Amount: $311,000
Used to: Purchase/improve commercial property
Lending Partner: Tompkins Community Bank
Retail Flooring Company
Malvern, Chester County
Total Project Amount: $1,646,000
SBA 504 Loan Amount: $678,000
Used to: Purchase new commercial property
Lending Partner: Mid Penn Bank
December 2022
Child Care Services
Folcroft, Delaware County
Total Project Amount: $1,460,000
SBA 504 Loan Amount: $605,000
Used to: Refinance commercial real estate
Lending Partner: Centric Bank
November 2022
Residential AV System Design & Programming
Chester Springs, Chester County
Total Project Amount: $1,092,000
SBA 504 Loan Amount: $449,000
Used to: Improve commercial property
Lending Partner: American Heritage Federal Credit Union
October 2022
Health & Wellness Benefits Company
Philadelphia
Total Project Amount: $3,827,154
SBA 504 Loan Amount: $1,573,000
Used to: Purchase new commercial property
Lending Partner: TD Bank
Automotive Restoration & Fabrication Company
Downingtown, Chester County
Total Project Amount: $2,847,232
SBA 504 Loan Amount: $1,174,000
Used to: Purchase/improve commercial property
Lending Partner: WSFS
September 2022
Mental Health Practitioners
Breinigsville, Lehigh County
Total Project Amount: $822,000
SBA 504 Loan Amount: $343,000
Used for: Purchase new commercial property
Lending Partner: Peoples Security Bank & Trust
Window & Door Manufacturer
Morgantown, Berks County
Total Project Amount: $15,370,000
SBA 504 Loan Amount: $5,466,000
Used for: Equipment for new facility
Lending Partner: Customers Bank
Chiropractor Practice
Reading, Berks County
Total Project Amount: $1,700,000
SBA 504 Loan Amount: $693,000
Used for: Purchase/improve commercial property
Lending Partner: Tompkins Community Bank
Wendy’s Fast Food Restaurant
Schnecksville, Lehigh County
Total Project Amount: $2,646,000
SBA 504 Loan Amount: $1,047,000
Used for: Purchase/improve commercial property
Lending Partner: Peoples Security Bank & Trust
Full-Service Auto Repair & Service Station
Harleysville, Montgomery County
Total Project Amount: $2,184,000
SBA 504 Loan Amount: $788,000
Used for: Purchase new commercial property
Lending Partner: Peoples Security Bank & Trust
Furniture & Appliance Rentals
Columbia, Lancaster County
Total Project Amount: $1,471,786
SBA 504 Loan Amount: $505,000
Used for: Purchase/improve commercial property
Lending Partner: Link Bank
Landscape Architecture
Philadelphia
Total Project Amount: $1,550,000
SBA 504 Loan Amount: $642,000
Used for: Refinance of commercial real estate
Lending Partner: WSFS
Storm Water Design Firm
Philadelphia
Total Project Amount: $800,000
SBA 504 Loan Amount: $327,000
Used for: Refinance of commercial real estate
Lending Partner: WSFS
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