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April 30, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Pittsburgh, Business Loans > Pnc Bank, National Association Pittsburgh Business Loans > Elite Qsr Management Corp Loan | ||||
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How Much Does It Cost to Buy a Franchise in New York, New York?
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Pnc Bank, National Association Provides SBA Loan to Buy Dunkin Donuts FranchiseBorrowing money to buy a Dunkin Donuts franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in New York, New York needed money to invest in a Dunkin Donuts franchise back in 2005. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this New York small business loan. SBA Loan Borrower ELITE QSR MANAGEMENT CORP SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/12/2005 Loan Approval Gross Amount $505,000 Loan Approval from the SBA Of the total $505,000 loan amount, the SBA guaranteed $378,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company had 25 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 25 existing jobs. Start the Process for Getting an SBA Loan Today! If you want money for new small business in New York NY, you ought to talk with a local New York SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New York businesses. We can help you find the best banks for small businesses in New York or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: How Much Venture Capital Is There? SBA Approved Banks in Pittsburgh, Pennsylvania
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