Eaton Farms

LOAN AMOUNT: $7,500,000

LOAN TYPE: USDA B&I Loan

INDUSTRY: Tree Nursery

LOAN DETAILS

Location

Leesport, Pennsylvania

Term

20 Years

Prepayment Penalty

10,9,8,7,6,5,4,3,2,1

History

Eaton Farms is a 96 acre tree and topiary production facility located in Leesport, PA. It is the only nursery production facility that specializes in trees and topiaries on the East Coast. It’s been in business since 1994. The Company is a commercial grower of trees that are predominantly sold to other nurseries and home builders throughout the eastern U.S. In 2016, the company is expecting to sell between 115,000 – 130,000 trees between a combination of premier line trees produced on the farm and trees purchased for resale. Eaton Farms specializes in Dogwood and Redbud production and is the largest grower of containerized trees for garden center retailers east of the Mississippi. It services independent garden centers and retailers. The USDA loan refinanced existing debt on more favorable terms.

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