ARA Transit Solutions, Inc.
ARA Transit Solutions, Inc. is located in Muncy, PA, and the SBA lists its industry as Local Messengers and Local Delivery. It was approved for an SBA 7(a) loan of $826,000 for a change of ownership on September 18, 2025.
SBA 7(a) loan, change of ownership, approved Sep 18, 2025
- Gross approval
- $826,000
- SBA-guaranteed amount
- $619,500 (75% of the approval)
- Lender
- Platinum Bank, Oakdale, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years, 1 month (121 months)
- Estimated maturity
- October 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,863 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 492210, Local Messengers and Local Delivery
- Project location
- Lycoming County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 14% of acquisition loans in Local Messengers and Local Delivery on this site.
- Average acquisition loan in Local Messengers and Local Delivery: $1,639,155.
- 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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