National Fresh Supermarket
National Fresh Supermarket, located in Reading, Pennsylvania, operates in the supermarkets and other grocery retailers (except convenience retailers) industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,271,900, approved on May 15, 2025 by Truliant FCU.
SBA 7(a) loan, change of ownership, approved May 15, 2025
$1,271,900 approvedLender: Truliant FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,271,900
- SBA-guaranteed amount
- $953,925 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,985 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Berks County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- 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
- Marcus Hook Deli & Family Market, Marcus Hook
- Renovo Supermarket Inc, Watsontown