Advanced Recovery Systems Inc.
901 8th Ave, King of Prussia, PA 19406 · Collection Agencies (NAICS 561440)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$3.0M
Jobs Supported
8
Years Active
2023–2023
Loan History (2)
Source: SBA FOIA7(a)$150,000
Exempt
- Approved
- Sep 28, 2023 (FY2023)
- SBA Guaranteed
- $75,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 11.00%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Collection Agencies (NAICS 561440)
Lender
Meridian Bank
9 Old Lincoln Hwy, Malvern, PA 19355
Project Location
Montgomery County, PA
7(a)$2,850,000
Exempt
- Approved
- Sep 27, 2023 (FY2023)
- SBA Guaranteed
- $2,137,500 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 10.75%
- Revolver
- 0
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- Collection Agencies (NAICS 561440)
Lender
Meridian Bank
9 Old Lincoln Hwy, Malvern, PA 19355
Project Location
Montgomery County, PA
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 561440 — Collection Agencies
- Address
- 901 8th Ave
King of Prussia, PA 19406
Lender
- Meridian Bank
- 9 Old Lincoln Hwy, Malvern, PA 19355