Pogan Enterprises LLC
Pogan Enterprises LLC is a full-service restaurant located in Johnstown, Pennsylvania. The company was financed with an SBA 7(a) loan for a change of ownership of $630,000, approved on February 6, 2026, by lender 1st Summit Bank.
SBA 7(a) loan, change of ownership, approved Feb 6, 2026
$630,000 approvedLender: 1st Summit Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $630,000
- SBA-guaranteed amount
- $472,500 (75% of the approval)
- Lender
- 1st Summit Bank, Johnstown, PA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 6, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,981 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Cambria County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 19% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- 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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