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Accardi Products LLC

North Wales, PA · Other Grocery and Related Products Merchant Wholesalers · NAICS 424490

Accardi Products LLC, located in North Wales, PA, is classified under SBA industry code 424490, Other Grocery and Related Products Merchant Wholesalers. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $5 million, approved on November 13, 2025, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Nov 13, 2025

$5,000,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, fixed
Term
10 years (120 months)
Estimated maturity
November 13, 2035 (estimated, approval date plus term)
Estimated monthly payment
$61,993 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 26, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
28
Business type
Corporation
NAICS
424490, Other Grocery and Related Products Merchant Wholesalers
Project location
Montgomery County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 93% of acquisition loans in Other Grocery and Related Products Merchant Wholesalers on this site.
  • Average acquisition loan in Other Grocery and Related Products Merchant Wholesalers: $2,369,093.
  • Average acquisition loan in Pennsylvania: $1,636,965.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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