Main Street Registry

Ball and Birdie, LLC

Lawrence, PA · Fitness and Recreational Sports Centers · NAICS 713940

Ball and Birdie, LLC, located in Lawrence, PA, operates in the Fitness and Recreational Sports Centers industry (NAICS 713940). The company financed real estate or equipment through an SBA 504 loan of $2.69 million, with First National Bank of Pennsylvania as the lending bank and Empire State Certified Development Corporation as the certified development company, with approval dated July 1, 2024.

SBA 504 loan, approved Jul 1, 2024

$2,690,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,690,000
Bank portion
$3,761,500
Estimated project size
$7,168,333 (estimated)
Estimated owner equity
$716,833 (estimated, about 10% of the project)
Bank lender
First National Bank of Pennsylvania, Greenville, PA
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 1, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
15
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Allegheny County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-14
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 71% of expansion loans in Fitness and Recreational Sports Centers on this site.
  • Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
  • 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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Same industry in Pennsylvania