North American Cable Equipment Inc.

1085 Andrew Dr Ste a, West Chester, PA 19380 · Other Electronic Parts and Equipment Merchant Wholesalers (NAICS 423690)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

6

Total Amount

$5.8M

Jobs Supported

326

Years Active

2011–2023

Loan History (6)

Source: SBA FOIA
7(a)$1,037,700
Exempt
Approved
Sep 1, 2023 (FY2023)
SBA Guaranteed
$778,275 (75%)
Term
84 months (7.0 yrs)
Interest Rate
9.50%
Revolver
0
Jobs Supported
57
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Other Electronic Parts and Equipment Merchant Wholesalers (NAICS 423690)

Lender

The Bancorp Bank National Association

345 N Reid Place, Sioux Falls, SD 57103

Project Location

Chester County, PA

7(a)$519,000
Paid in Full
Approved
Sep 27, 2016 (FY2016)
SBA Guaranteed
$389,250 (75%)
Term
78 months (6.5 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
64
Business Type
Corporation
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Apr 30, 2023

Lender

The Bancorp Bank National Association

345 N Reid Place, Sioux Falls, SD 57103

Project Location

Chester County, PA

7(a)$520,000
Paid in Full
Approved
Feb 17, 2015 (FY2015)
SBA Guaranteed
$390,000 (75%)
Term
18 months (1.5 yrs)
Interest Rate
5.50%
Revolver
1
Jobs Supported
34
Business Type
Corporation
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Jan 31, 2018

Lender

The Bancorp Bank National Association

345 N Reid Place, Sioux Falls, SD 57103

Project Location

Chester County, PA

7(a)$500,000
Paid in Full
Approved
Aug 27, 2013 (FY2013)
SBA Guaranteed
$375,000 (75%)
Term
12 months (1.0 yrs)
Interest Rate
5.50%
Revolver
1
Jobs Supported
63
Business Type
Corporation
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Sep 30, 2014

Lender

The Bancorp Bank National Association

345 N Reid Place, Sioux Falls, SD 57103

Project Location

Chester County, PA

7(a)$1,000,000
Paid in Full
Approved
Dec 10, 2010 (FY2011)
SBA Guaranteed
$500,000 (50%)
Term
144 months (12.0 yrs)
Interest Rate
7.25%
Revolver
0
Jobs Supported
54
Business Type
Corporation
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Feb 28, 2023

Lender

The Bancorp Bank National Association

345 N Reid Place, Sioux Falls, SD 57103

Project Location

Chester County, PA

7(a)$2,250,000
Paid in Full
Approved
Feb 8, 2011 (FY2011)
SBA Guaranteed
$1,687,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
54
Business Type
Corporation
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Mar 31, 2021

Lender

The Bancorp Bank National Association

345 N Reid Place, Sioux Falls, SD 57103

Project Location

Chester County, PA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
423690 — Other Electronic Parts and Equipment Merchant Wholesalers
Address
1085 Andrew Dr Ste a
West Chester, PA 19380

Lender

The Bancorp Bank National Association
345 N Reid Place, Sioux Falls, SD 57103

Other SBA Borrowers in West Chester

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