Lehigh Valley Tennis Club INC.
Lehigh Valley Tennis Club INC. is a fitness and recreational sports center in Allentown, Pennsylvania. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,306,000, approved on July 17, 2025, through First Commonwealth Bank with Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jul 17, 2025
$1,306,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,306,000
- Bank portion
- $1,801,000
- Estimated project size
- $3,452,222 (estimated)
- Estimated owner equity
- $345,222 (estimated, about 10% of the project)
- Bank lender
- First Commonwealth Bank, Indiana, PA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 17, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Lehigh County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-7
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 28% of expansion loans in Fitness and Recreational Sports Centers on this site.
- Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
- 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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