Main Street Registry

Ephrata Beer Company Holdings LLC

Ephrata, PA · Drinking Places (Alcoholic Beverages) · NAICS 722410

Ephrata Beer Company Holdings LLC is a drinking place (alcoholic beverages) located in Ephrata, Pennsylvania. The company was financed with an SBA 7(a) loan for a change of ownership of $950,000, approved on April 24, 2024 by Northwest Bank.

SBA 7(a) loan, change of ownership, approved Apr 24, 2024

$950,000 approvedLender: Northwest Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$950,000
SBA-guaranteed amount
$712,500 (75% of the approval)
Lender
Northwest Bank, Warren, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.5%, variable
Term
25 years (300 months)
Estimated maturity
April 24, 2049 (estimated, approval date plus term)
Estimated monthly payment
$9,656 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
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 61% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
  • Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
  • 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