Main Street Registry

Kanaan Express Inc

Bridgeport, PA · Couriers and Express Delivery Services · NAICS 492110

Kanaan Express Inc, located in Bridgeport, PA, is an SBA-published business in the Couriers and Express Delivery Services industry (NAICS 492110). The company was financed with an SBA 7(a) loan for a change of ownership of $2,551,600, approved on November 14, 2025 through Falcon National Bank, and the loan is reported with 25 jobs.

SBA 7(a) loan, change of ownership, approved Nov 14, 2025

$2,551,600 approvedLender: Falcon National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,551,600
SBA-guaranteed amount
$1,913,700 (75% of the approval)
Lender
Falcon National Bank, Foley, MN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
November 14, 2035 (estimated, approval date plus term)
Estimated monthly payment
$32,669 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 9, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
25
Business type
Corporation
NAICS
492110, Couriers and Express Delivery Services
Project location
Montgomery County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 94% of acquisition loans in Couriers and Express Delivery Services on this site.
  • Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Pennsylvania