Hippo Concrete Llc

364 E Church Rd, King of Prussia, PA 19406 · Cement Manufacturing (NAICS 327310)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$3.0M

Jobs Supported

26

Years Active

2021–2023

Loan History (3)

Source: SBA FOIA
7(a)$1,170,000
Exempt
Approved
Oct 14, 2022 (FY2023)
SBA Guaranteed
$877,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
8.25%
Revolver
0
Jobs Supported
6
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Cement Manufacturing (NAICS 327310)

Lender

Wilmington Savings Fund Society Fsb

500 Delaware Ave, Wilmington, DE 19801

Project Location

Montgomery County, PA

7(a)$1,714,100
Exempt
Approved
Jul 9, 2021 (FY2021)
SBA Guaranteed
$1,542,690 (90%)
Term
180 months (15.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Other Concrete Product Manufacturing (NAICS 327390)

Lender

Wilmington Savings Fund Society Fsb

500 Delaware Ave, Wilmington, DE 19801

Project Location

Montgomery County, PA

7(a)$150,000
Exempt
Approved
Jul 9, 2021 (FY2021)
SBA Guaranteed
$112,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Other Concrete Product Manufacturing (NAICS 327390)

Lender

Wilmington Savings Fund Society Fsb

500 Delaware Ave, Wilmington, DE 19801

Project Location

Montgomery County, PA

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
327310 Cement Manufacturing
Address
364 E Church Rd
King of Prussia, PA 19406

Lender

Wilmington Savings Fund Society Fsb
500 Delaware Ave, Wilmington, DE 19801

Other SBA Borrowers in King of Prussia

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