Main Street Registry

Main Street Exchange Apparel, Llc

Gordonville, PA · Clothing and Clothing Accessories Retailers · NAICS 458110

Main Street Exchange Apparel, LLC, located in Gordonville, Pennsylvania, operates in the clothing and clothing accessories retail industry (NAICS 458110). The company has been financed with two SBA 7(a) loans for a change of ownership, totaling $2,259,000, with approvals dated September 21 and September 22, 2026, from Mid Penn Bank.

SBA 7(a) loan, change of ownership, approved Sep 22, 2026

$500,000 approvedLender: Mid Penn Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$500,000
SBA-guaranteed amount
$250,000 (50% of the approval)
Lender
Mid Penn Bank, Millersburg, PA
Processing method
SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
September 22, 2036 (estimated, approval date plus term)
Estimated monthly payment
$6,199 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
12
Business type
Corporation
NAICS
458110, Clothing and Clothing Accessories Retailers
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
Yes
  • Average acquisition loan in Clothing and Clothing Accessories Retailers: $1,439,812.
  • 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.

SBA 7(a) loan, change of ownership, approved Sep 21, 2026

$1,759,000 approvedLender: Mid Penn Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,759,000
SBA-guaranteed amount
$1,319,250 (75% of the approval)
Lender
Mid Penn Bank, Millersburg, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
September 21, 2036 (estimated, approval date plus term)
Estimated monthly payment
$21,809 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
12
Business type
Corporation
NAICS
458110, Clothing and Clothing Accessories Retailers
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)
  • Larger than 73% of acquisition loans in Clothing and Clothing Accessories Retailers on this site.
  • Average acquisition loan in Clothing and Clothing Accessories Retailers: $1,439,812.
  • 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