Supplytek International
Supplytek International, located in Mahanoy City, Pennsylvania, operates in the Other Miscellaneous Durable Goods Merchant Wholesalers industry (NAICS 423990). The company financed real estate or equipment through an SBA 504 loan of $3,145,000 with a total project amount of $3,845,000, approved on November 2, 2023, through TD Bank, National Association and the Empire State Certified Development Corporation.
SBA 504 loan, approved Nov 2, 2023
$3,145,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,145,000
- Bank portion
- $3,845,000
- Estimated project size
- $7,766,667 (estimated)
- Estimated owner equity
- $776,667 (estimated, about 10% of the project)
- Bank lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 2, 2048 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Schuylkill County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-9
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 71% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
- 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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