Titus Elliott Enterprises, LLC
Titus Elliott Enterprises, LLC, located in Lancaster, PA, operates in the solid waste collection industry (NAICS 562111). The company was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved on November 25, 2025, through Wilmington Savings Fund Society FSB.
SBA 7(a) loan, change of ownership, approved Nov 25, 2025
$500,000 approvedLender: Wilmington Savings Fund Society FSB10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Wilmington Savings Fund Society FSB, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,334 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 562111, Solid Waste Collection
- Franchise
- The Junkluggers
- Project location
- Lancaster County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Solid Waste Collection: $1,466,890.
- 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
- JRA Industries, Inc, Montrose