Medorra
Medorra, located in Philadelphia, PA, operates in the All Other Health and Personal Care Retailers industry (NAICS 456199). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1.6 million, with FinWise Bank as the lender and approval dated August 10, 2026.
SBA 504 loan, approved Aug 10, 2026
$1,601,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,601,000
- Bank portion
- $1,946,000
- Estimated project size
- $3,941,111 (estimated)
- Estimated owner equity
- $394,111 (estimated, about 10% of the project)
- Bank lender
- FinWise Bank, Murray, UT
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- August 10, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 456199, All Other Health and Personal Care Retailers
- Project location
- Philadelphia County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in All Other Health and Personal Care Retailers: $2,429,167.
- 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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