Seedcopa + SeedcoDE is now ranked as the #1 SBA 504 Lender in Pennsylvania by the U.S. Small Business Administration.
“For many years now, we have been ranked #1 in Eastern Pennsylvania, and it is due to the ongoing, impressive collaboration between our lending partners, small business borrowers and valued Seedcopa staff that we are now ranked #1 in the entire Commonwealth,” said Seedcopa + SeedcoDE President Sherwood Robbins.
According to the SBA Eastern PA, Western PA and Delaware District Office’s combined year-end loan volume reports through fiscal year 2025-2026 ending September 30, 2026:
- Seedcopa + SeedcoDE attained $39.7 million in SBA 504 loans
- 28 small business owners were served
- Loans spanned 13 counties across Pennsylvania and Delaware: Allegheny, Berks, Bucks, Dauphin, Delaware, Chester, Cumberland, Lancaster, Luzerne, Mercer, Montgomery, New Castle, DE and Philadelphia
- 6 approved loans supported Manufacturers
- 5 approved loans supported Minority-owned businesses
- 5 approved loans supported Women-owned businesses
“We are honored to work every day to support and develop the success of small businesses across Pennsylvania and Delaware,” Robbins said.
Key Benefits of SBA 504 Loans
- SBA 504 loans fund both small and large projects, from $200,000 to over $16 million
- A low down payment (10% in most cases) conserves working capital
- Below-market interest rates are fixed for the life of the loan
- Depending on the appraised value, no further collateral beyond the subject property or equipment is required
- Many fees and costs can be wrapped into the total project
- 10, 20 or 25 year terms
The SBA 504 Loan Consists Of…
- A conventional first mortgage, typically for 50% of the project cost, from a third-party lender like a bank or credit union
- The SBA-backed portion is a second mortgage, financing up to 40% of the eligible project costs
- The remaining 10% is typically your small business owner contribution.
Contact Seedcopa for more information.
