Forest Inn Property, LLC
Forest Inn Property, LLC, located in Lehighton, PA, is classified under the home centers industry (NAICS 444110). The company financed real estate or equipment through an SBA 504 loan of $3,758,000, with Tompkins Community Bank as the lender and NEPA Alliance Business Finance Corporation as the certified development company, approved on January 21, 2025.
SBA 504 loan, approved Jan 21, 2025
$3,758,000 SBA portionCDC: NEPA Alliance Business Finance Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,758,000
- Bank portion
- $3,675,000
- Estimated project size
- $8,258,889 (estimated)
- Estimated owner equity
- $825,889 (estimated, about 10% of the project)
- Bank lender
- Tompkins Community Bank, Ithaca, NY
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 21, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 41
- Business type
- Corporation
- NAICS
- 444110, Home Centers
- Project location
- Carbon County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-9
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Home Centers: $1,948,000.
- 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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