Loan Census Banking News and Information
May 1, 2024  
 
 
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Kentucky Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Molly Maid Franchise

Borrowing money to invest in a Molly Maid franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

Molly Maid franchise loans are available to Louisville, Kentucky entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pnc Bank, National Association, based in Philadelphia, Pennsylvania, issued an SBA franchise loan for a Molly Maid franchise in 2007. We've got all the details on this Kentucky small business loan.

SBA Loan Borrower

JOHN P. ENTERPRISES, LLC DBA MOLLY MAID
LOUISVILLE, KY 40291

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
8800 TINICUM BLVD, 1ST FL, MA
PHILADELPHIA, PA 19153

This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

4/9/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Molly Maid franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Pnc Bank, National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Molly Maid

Understanding Dilution

Banks in Philadelphia, Pennsylvania

Pennsylvania SBA Bank Lenders