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May 20, 2024  
 
 
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NJ SBA Loan from Pnc Bank, National Association

 

 
Loan Census SBA Loan Info

Gloucester City (gloucester), New Jersey Business Gets SBA-Guaranteed Funding from Pnc Bank, National Association

An SBA loan from Pnc Bank, National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Gloucester City (gloucester), New Jersey business owner got a $240,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gloucester City (gloucester), New Jersey was able to borrow $240,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $180,000 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
GLOUCESTER CITY (GLOUCESTER), NJ 08030

SBA Loan Lender

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

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

2/5/2002

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

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

If you have been wondering how do i get money to start a business in Gloucester City (gloucester) NJ, you ought to talk with a local Gloucester City (gloucester) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gloucester City (gloucester) businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pnc Bank, National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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.

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