Get an SBA Loan for Facilities Support Services
Looking for bank loans for facilities support services? Try the SBA. This $1,500,000 facilities support services loan was issued by a Pennsylvania bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cape Canaveral, Florida was able to borrow $1,500,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $1,125,000 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: FACILITIES SUPPORT SERVICES
CAPE CANAVERAL, FL 32920
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
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.
561210 - Facilities Support Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $1,500,000 loan amount, the SBA guaranteed $1,125,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 340 employees. The SBA loan documents indicated that the loan would help generate 340 new jobs and retain 340 existing jobs.
Getting an SBA Loan For Your Business
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.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
Obtaining Funding From a Venture Capitalist
SBA 7A Banks in Pittsburgh, Pennsylvania
Pennsylvania SBA 7A Banks