Kaast Machine Tools Inc
3 Merion Ter, Aldan, PA 19018 · Wholesale Trade Agents and Brokers (NAICS 425120)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$775K
Jobs Supported
4
Years Active
2023–2024
Loan History (2)
Source: SBA FOIA7(a)$200,000
Exempt
- Approved
- Aug 29, 2024 (FY2024)
- SBA Guaranteed
- $100,000 (50%)
- Term
- 72 months (6.0 yrs)
- Interest Rate
- 14.50%
- Revolver
- 1
- Jobs Supported
- 2
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Wholesale Trade Agents and Brokers (NAICS 425120)
Lender
Newtek Bank, National Association
1111 Brickell Ave, Ste 135, Miami, FL 33131
Project Location
Delaware County, PA
7(a)$575,000
Exempt
- Approved
- Feb 27, 2023 (FY2023)
- SBA Guaranteed
- $431,250 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 10.50%
- Revolver
- 0
- Jobs Supported
- 2
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Delaware County, PA
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 425120 — Wholesale Trade Agents and Brokers
- Address
- 3 Merion Ter
Aldan, PA 19018
Lenders
- Newtek Bank, National Association
- 1111 Brickell Ave, Ste 135, Miami, FL 33131
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042