Northeastern Economic Developm
Dunmore, PA 18512
SBA Certified Development CompanyStates Served
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
- Full-Service Restaurants
- Sporting Goods Stores
- New Car Dealers
- Gasoline Stations with Convenience Stores
Quick Summary
Northeastern Economic Developm is an SBA-certified Certified Development Company (CDC) headquartered in Dunmore, Pennsylvania. Since 2010, they have approved 66 SBA 504 loans totaling $55.8M, with an average loan size of $846K. They primarily serve Pennsylvania businesses.
About Northeastern Economic Developm
Northeastern Economic Developm is an SBA-certified Certified Development Company (CDC) headquartered in Dunmore, Pennsylvania. Since 2010, they have approved 66 SBA 504 loans totaling $55.8M, with an average loan size of $846K. They primarily serve businesses in Pennsylvania.
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Frequently Asked Questions
What does Northeastern Economic Developm do?
Northeastern Economic Developm is an SBA-certified Certified Development Company (CDC) based in Dunmore, Pennsylvania. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Northeastern Economic Developm handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Northeastern Economic Developm approved?
According to SBA FOIA public records, Northeastern Economic Developm has approved 66 SBA 504 loans totaling $55.8M since 2010. Their average loan size is $846K.
What states does Northeastern Economic Developm serve?
Northeastern Economic Developm primarily serves businesses in Pennsylvania.
How do I apply for an SBA 504 loan through Northeastern Economic Developm?
To apply for an SBA 504 loan through Northeastern Economic Developm, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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