Farfield Real Estate Acquisition Company, LLC
Farfield Real Estate Acquisition Company, LLC is located in Lititz, PA, and the SBA lists its industry as Other Building Equipment Contractors. It was approved for an SBA 504 loan ($2,187,000 SBA portion) on January 2, 2025 to finance real estate or equipment.
SBA 504 loan, approved Jan 2, 2025
- SBA (CDC) portion
- $2,187,000
- Bank portion
- $2,675,000
- Estimated project size
- $5,402,222 (estimated)
- Estimated owner equity
- $540,222 (estimated, about 10% of the project)
- Bank lender
- Mid Penn Bank, Millersburg, PA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 2, 2050 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 94
- Business type
- Corporation
- NAICS
- 238290, Other Building Equipment Contractors
- Project location
- Lancaster County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-11
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 86% of expansion loans in Other Building Equipment Contractors on this site.
- Average expansion loan in Other Building Equipment Contractors: $1,566,214.
- Average expansion loan in Pennsylvania: $2,212,724.
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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