Main Street Registry

Dad's Foods, LLC

Philadelphia, PA · Meat Retailers · NAICS 445240

Dad's Foods, LLC is a meat retailer in Philadelphia, PA, classified under NAICS 445240 (Meat Retailers). The company was financed with an SBA 7(a) loan for a change of ownership totaling $723,500, approved by Bankwell Bank with a date of September 22, 2026, and a reported 5 jobs.

SBA 7(a) loan, change of ownership, approved Sep 22, 2026

$723,500 approvedLender: Bankwell Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$723,500
SBA-guaranteed amount
$542,625 (75% of the approval)
Lender
Bankwell Bank, New Canaan, CT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
September 22, 2051 (estimated, approval date plus term)
Estimated monthly payment
$6,321 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
5
Business type
Corporation
NAICS
445240, Meat Retailers
Project location
Philadelphia County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 39% of acquisition loans in Meat Retailers on this site.
  • Average acquisition loan in Meat Retailers: $1,128,604.
  • 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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Same industry in Pennsylvania