Main Street Registry

Wen-Allen Partners, LLC

Northampton, PA · Limited-Service Restaurants · NAICS 722513

Wen-Allen Partners, LLC, located in Northampton, PA, operates in the limited-service restaurants industry (NAICS 722513). The company was approved for an SBA 504 loan of $1,311,000 for real estate or equipment, with Peoples Security Bank and Trust Company as the lender and an approval date of December 4, 2024.

SBA 504 loan, approved Dec 4, 2024

$1,311,000 SBA portionCDC: South Eastern Economic Development Company of Pennsylvania25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,311,000
Bank portion
$1,595,000
Estimated project size
$3,228,889 (estimated)
Estimated owner equity
$322,889 (estimated, about 10% of the project)
Bank lender
Peoples Security Bank and Trust Company, Scranton, PA
CDC
South Eastern Economic Development Company of Pennsylvania
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
December 4, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
40
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Wendy's
Project location
Northampton County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-7
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 46% of expansion loans in Limited-Service Restaurants on this site.
  • Average expansion loan in Limited-Service Restaurants: $1,507,672.
  • Average expansion loan in Pennsylvania: $2,212,724.

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