Ricci's Italian Sausage
Ricci's Italian Sausage, located in Mc Kees Rocks, Pennsylvania, is classified under the SBA industry Meat Retailers (NAICS 445240). The business was financed with an SBA 7(a) loan for a change of ownership of $659,000, approved by Gulf Coast Bank and Trust Company on January 29, 2026.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
$659,000 approvedLender: Gulf Coast Bank and Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $659,000
- SBA-guaranteed amount
- $494,250 (75% of the approval)
- Lender
- Gulf Coast Bank and Trust Company, New Orleans, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,437 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 28, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445240, Meat Retailers
- Project location
- Allegheny County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 30% of acquisition loans in Meat Retailers on this site.
- Average acquisition loan in Meat Retailers: $1,128,604.
- 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
- Dad's Foods, LLC, Philadelphia
- Stony Hill Foods LLC, West Chester
- Nunos Meat Market Inc, Philadelphia
- Beef Supreme, Philadelphia