Main Street Registry

Sellersville Property LLC

Sellersville, PA · Drinking Places (Alcoholic Beverages) · NAICS 722410

Sellersville Property LLC, located in Sellersville, Pennsylvania, operates in the drinking places (alcoholic beverages) industry under NAICS code 722410. The company was financed with an SBA 7(a) loan for a change of ownership of $1.221 million, approved on January 29, 2025, through lender Readycap Lending, LLC.

SBA 7(a) loan, change of ownership, approved Jan 29, 2025

$1,221,000 approvedLender: Readycap Lending, LLC25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,221,000
SBA-guaranteed amount
$915,750 (75% of the approval)
Lender
Readycap Lending, LLC, Berkeley Heights, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
January 29, 2050 (estimated, approval date plus term)
Estimated monthly payment
$10,038 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
89
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Bucks County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 71% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
  • Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
  • 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