Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Plymouth Meeting, Pennsylvania Businesses

 

 
Loan Census SBA Loan Info

Pennsylvania Entrepreneur Secures Financing to Buy Amazon Cafe Franchise

Need a loan to buy an Amazon Cafe franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Amazon Cafe franchise? If so, here's a 2005 SBA franchise loan that you should know about. Pnc Bank, National Association was the lender and the entrepreneur was based in Plymouth Meeting, Pennsylvania.

SBA Loan Borrower

AMAZON CAFE
PLYMOUTH MEETING, PA 19462

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This lender provides SBA business 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

5/9/2005

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $161,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Amazon Cafe franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This SBA loan was for $215,000. How would you spend $215,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Amazon Café

Business Incubators

SBA 7A Banks for Pittsburgh, Pennsylvania Loans

Getting a Business Loan in Pennsylvania