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May 2, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Philadelphia, Business Loans > Pnc Bank, National Association Philadelphia Business Loans > Ice Cream And Frozen Dessert Manufacturing Loan | ||||
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SBA Lender Philadelphia
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Philadelphia, Pennsylvania Bank Gives SBA Loan to Ice Cream And Frozen Dessert Manufacturing CompanyThinking about meeting with a Philadelphia, Pennsylvania bank about a small business loan? Here's one Kentucky business loan, issued by a Philadelphia bank, that was approved by the SBA. Applying for an SBA loan with Pnc Bank, National Association worked out well for our friends at one local business in Louisville, Kentucky. They received an SBA loan for $297,500. Great job! SBA Loan Borrower COMPANY TYPE: ICE CREAM AND FROZEN DESSERT MANUFACTURING SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION 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 311520 - Ice Cream and Frozen Dessert Manufacturing Loan Approval Date 1/4/2008 Loan Approval Gross Amount $297,500 Loan Approval from the SBA Of the total $297,500 loan amount, the SBA guaranteed $223,125. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. 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. 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. Related Links: Where to Get an SBA Loan in Philadelphia, Pennsylvania
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