Prime Haul Inc
Prime Haul Inc, located in Pittston, PA, operates in general freight trucking, long-distance, truckload (NAICS 484121). The company was financed with an SBA 7(a) loan for a change of ownership of $1,561,400, approved on May 15, 2025, by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved May 15, 2025
$1,561,400 approvedLender: Celtic Bank Corporation10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,561,400
- SBA-guaranteed amount
- $1,171,050 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,634 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 484121, General Freight Trucking, Long-Distance, Truckload
- Project location
- Luzerne County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 49% of acquisition loans in General Freight Trucking, Long-Distance, Truckload on this site.
- Average acquisition loan in General Freight Trucking, Long-Distance, Truckload: $1,974,886.
- 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
- Ravenhill Trucking Inc., Northampton