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May 1, 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 > John P. Enterprises,Llc Dba Molly Maid Loan | ||||
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Good Sources for Louisville SBA Loans
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Louisville, KY Entrepreneur Gets SBA Loan to Buy Molly Maid FranchiseBorrowing money to purchase a Molly Maid franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Louisville, Kentucky needed money to invest in a Molly Maid franchise back in 2007. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Kentucky small business loan. SBA Loan Borrower JOHN P. ENTERPRISES,LLC DBA MOLLY MAID SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561720 - Janitorial Services Loan Approval Date 4/9/2007 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $105,000. 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. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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. Related Links: Realistic Debt Financing Options Best Philadelphia, Pennsylvania Banks for Small Business
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