Main Street Registry

Keystone Bagel Food Company

Levittown, PA · Snack and Nonalcoholic Beverage Bars · NAICS 722515

Keystone Bagel Food Company is a snack and nonalcoholic beverage bar business located in Levittown, Pennsylvania. The company was financed with an SBA 7(a) loan for a change of ownership of $1,105,500, approved on January 4, 2024, through Manufacturers and Traders Trust Company.

SBA 7(a) loan, change of ownership, approved Jan 4, 2024

$1,105,500 approvedLender: Manufacturers and Traders Trust Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,105,500
SBA-guaranteed amount
$829,125 (75% of the approval)
Lender
Manufacturers and Traders Trust Company, Buffalo, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, fixed
Term
10 years (120 months)
Estimated maturity
January 4, 2034 (estimated, approval date plus term)
Estimated monthly payment
$14,917 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
722515, Snack and Nonalcoholic Beverage Bars
Project location
Bucks County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 71% of acquisition loans in Snack and Nonalcoholic Beverage Bars on this site.
  • Average acquisition loan in Snack and Nonalcoholic Beverage Bars: $1,080,276.
  • 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