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April 29, 2024 |
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| Home > Small Business Lenders by State > Delaware Business Loan Sources > Pittsburgh, Business Loans > Pnc Bank, National Association Pittsburgh Business Loans > Buffalo Wild Wings Loan | ||||
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Raising Money in Bear, Delaware With SBA Loans
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Loan to Buy Buffalo Wild Wings Grill & Bar Franchise Issued By Pnc Bank, National AssociationNeed money to invest in a Buffalo Wild Wings Grill & Bar franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Bear, Delaware needed money to invest in a Buffalo Wild Wings Grill & Bar franchise back in 2005. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Delaware small business loan. SBA Loan Borrower BUFFALO WILD WINGS SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 10/31/2005 Loan Approval Gross Amount $981,000 Loan Approval from the SBA Of the total $981,000 loan amount, the SBA guaranteed $735,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Buffalo Wild Wings Grill & Bar franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 65 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Pnc Bank, National Association had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Pnc Bank, National Association made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Buffalo Wild Wings Grill & Bar How Much Venture Capital Is There? Best Banks for Small Business in Pittsburgh, Pennsylvania Find an SBA Lender in Pennsylvania
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