SEDA-COG provided Geesey, Inc., operators of the Cape Horn Country home and garden store in Red Lion, PA, with a $289,000 SBA 504 loan to purchase a second location on West Market Street in York, PA. A loan from Metro Bank and borrower cash provided the remaining financing for the project. Geesey, Inc., operates a…
SEDA-COG provided Canon Hospitality, LLC, operators of the Holiday Inn Express in New Columbia, PA, with a $1,155,000 SBA 504 loan to purchase the hotel and make renovations to the property. Canon Hospitality started in 2010 as an affiliate of Priya Realty Corp., formed in 1995. The company was started by Jagdish Patel, a seasoned…
SEDA-COG provided Turkey Hill Brewing Company Pub & Grille, located in Bloomsburg, Columbia County, PA, with a $680,000 SBA 504 loan and a $170,000 Small Business First loan to convert an 8,100 square foot barn that is located next to the owner’s full service restaurant and 23 room Inn. Turkey Hill Brewing Company Pub &…
SEDA-COG provided Robin and Randal Naylor and CR Naylor, Inc., dba North Ridge Center with a $457,800 SBA 504 loan and a $98,100 USDA IRP loan to assist with the purchase of an existing long term care facility. In addition to the SEDA-COG loans, financing for the purchase included M&T Bank and borrower’s equity. North…
SEDA-COG provided T-M-T Contracting with a $451,500 SBA 504 loan to assist with the purchase of crushing equipment they were currently leasing. In addition to the SEDA-COG loan, financing for the purchase included M&T Bank and borrower’s equity. T-M-T Gravel & Contracting, Inc. was incorporated in May of 2010. Quarry operations were in full swing…
SEDA-COG provided Dianna Sauder with a $182,000 SBA 504 loan to assist with the purchase of the business, Lilla’s Bridal Boutique in York, York County, from her mother, Lilla Russo. York Traditions Bank and money from the borrower completed the financing for the project. Lilla’s Bridal Boutique carries an elegant collection of wedding gowns, bridesmaid…
SEDA-COG provided Dr. Joseph O’Donnell a $52,800 SBA 504 loan to assist him with the acquisition of real estate he was previously leasing for his chiropractic business. York Traditions Bank, borrower cash, and seller financing were also involved in the transaction. The O’Donnell Center is the Future of Health Care…Now. It features two dynamics of…
SEDA-COG provided Jr’s Quality Tile & Hardwood with an SBA 504 loan to purchase a 10,000 square foot commercial building located on 1.67 acres of land located at 2041 General Potter Highway, Centre Hall, Centre County, PA that the business was previously leasing for its operations. Jr’s Quality Tile started as an installation company in…
SEDA-COG provided VR Hospitality, LLC with a $2,168,000 SBA 504 loan to construct a new LaQuinta Inn & Suites in Harrisburg, Dauphin County. Centric Bank partnered with SEDA-COG on the $6,196,000 project. The LaQuinta Inn & Suites features 81 rooms, an indoor swimming pool, fitness center, meeting facilities, convenience store, and free high-speed Internet service.…
SEDA-COG provided Creative Plantscapes with a $320,000 SBA 504 loan to construct a new facility for their landscaping design and installation company in Lewisburg, Union County. M&T Bank partnered with SEDA-COG on the $800,000 project. Creative Plantscapes was formed in 1989 and serves all of Central PA. They provide a wide range of landscaping services…
