Main Street Registry

Blue Hen Construction LLC

Kennett Square, PA · All Other Specialty Trade Contractors · NAICS 238990

Blue Hen Construction LLC is located in Kennett Square, PA, and the SBA lists its industry as All Other Specialty Trade Contractors. It was approved for an SBA 7(a) loan of $585,000 for a change of ownership on February 25, 2025.

SBA 7(a) loan, change of ownership, approved Feb 25, 2025

Gross approval
$585,000
SBA-guaranteed amount
$438,750 (75% of the approval)
Lender
Customers Bank, Malvern, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
February 25, 2035 (estimated, approval date plus term)
Estimated monthly payment
$7,253 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Chester County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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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Same industry in Pennsylvania