Dutch Air Power, LLC
Dutch Air Power, LLC, located in Christiana, Pennsylvania, operates in the industrial machinery and equipment merchant wholesalers industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,577,000, approved on March 12, 2025 by Univest Bank and Trust Co.
SBA 7(a) loan, change of ownership, approved Mar 12, 2025
$3,577,000 approvedLender: Univest Bank and Trust Co119 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,577,000
- SBA-guaranteed amount
- $2,682,750 (75% of the approval)
- Lender
- Univest Bank and Trust Co, Souderton, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 9 years, 11 months (119 months)
- Estimated maturity
- February 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $47,009 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 6, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 423830, Industrial Machinery and Equipment Merchant Wholesalers
- Project location
- Lancaster County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Industrial Machinery and Equipment Merchant Wholesalers on this site.
- Average acquisition loan in Industrial Machinery and Equipment Merchant Wholesalers: $2,384,497.
- 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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