Ravenhill Trucking Inc.
Ravenhill Trucking Inc. is a business in Northampton, PA, in the general freight trucking, long-distance, truckload industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,059,000, approved on May 14, 2026 by lender GBank.
SBA 7(a) loan, change of ownership, approved May 14, 2026
$1,059,000 approvedLender: GBank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,059,000
- SBA-guaranteed amount
- $794,250 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 14, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,703 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 484121, General Freight Trucking, Long-Distance, Truckload
- Project location
- Northampton County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 26% 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
- Prime Haul Inc, Pittston