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May 17, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Pittsburgh, Business Loans > Pnc Bank, National Association Pittsburgh Business Loans > Grocery And Related Products Wholesalers Loan | ||||
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Pennsylvania Bank SBA Loans
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Pittsburgh, Pennsylvania Lender Lends Money to Grocery And Related Products Wholesalers CompanyThinking about meeting with a Pittsburgh, Pennsylvania bank about a business loan? Here's one New Jersey business loan, issued by a Pittsburgh bank, that was approved by the SBA. Applying for an SBA loan with Pnc Bank, National Association worked out well for our friends at one local company in Glen Rock, New Jersey. They got an SBA loan for $180,000. Great job! SBA Loan Borrower COMPANY TYPE: GROCERY AND RELATED PRODUCTS WHOLESALERS SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422490 - Grocery and Related Products Wholesalers Loan Approval Date 9/20/2001 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $180,000 loan. Remember, anyone can do it... so why not you? About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Role of Business Plan When Raising Money Best Banks in Pittsburgh, Pennsylvania
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