Zierer Collective, LLC
Zierer Collective, LLC, located in Cranberry Township, Pennsylvania, operates in commercial printing (except screen and books). The business was financed with an SBA 7(a) loan for a change of ownership of $999,000, approved by First National Bank of Pennsylvania on July 9, 2024. The loan is associated with the SpeedPro Imaging franchise and reports 7 jobs.
SBA 7(a) loan, change of ownership, approved Jul 9, 2024
$999,000 approvedLender: First National Bank of Pennsylvania10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $999,000
- SBA-guaranteed amount
- $749,250 (75% of the approval)
- Lender
- First National Bank of Pennsylvania, Greenville, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 9, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,927 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 323111, Commercial Printing (except Screen and Books)
- Franchise
- SpeedPro Imaging
- Project location
- Butler County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 39% of acquisition loans in Commercial Printing (except Screen and Books) on this site.
- Average acquisition loan in Commercial Printing (except Screen and Books): $1,666,227.
- 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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