Philadelphia Food Wholesale Inc
Philadelphia Food Wholesale Inc, located in Bristol, PA, operates in the meat and meat product merchant wholesalers industry (NAICS 424470). The company was financed with an SBA 7(a) loan for a change of ownership, with two loans totaling $2.99 million approved through Pathward National Association on September 25, 2026 and September 28, 2026. The loans are reported with 12 jobs.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
$500,000 approvedLender: Pathward National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,402 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 424470, Meat and Meat Product Merchant Wholesalers
- 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)
- Average acquisition loan in Meat and Meat Product Merchant Wholesalers: $2,890,700.
- 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.
SBA 7(a) loan, change of ownership, approved Sep 25, 2026
$2,490,000 approvedLender: Pathward National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,490,000
- SBA-guaranteed amount
- $1,867,500 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 25, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $31,880 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 424470, Meat and Meat Product Merchant Wholesalers
- 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)
- Average acquisition loan in Meat and Meat Product Merchant Wholesalers: $2,890,700.
- 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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