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April 29, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Philadelphia, Business Loans > Pnc Bank, National Association Philadelphia Business Loans > Education Solutions, LLC Loan | ||||
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Lyndhurst, Ohio Bank Loan
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Loan to Buy Sylvan Learning Center Franchise Issued By Pnc Bank, National AssociationBorrowing money to invest in a Sylvan Learning Center franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lyndhurst, Ohio needed money to invest in a Sylvan Learning Center franchise back in 2007. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Ohio small business loan. SBA Loan Borrower EDUCATION SOLUTIONS, LLC SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION 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 611691 - Exam Preparation and Tutoring Loan Approval Date 6/27/2007 Loan Approval Gross Amount $950,000 Loan Approval from the SBA Of the total $950,000 loan amount, the SBA guaranteed $712,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Sylvan Learning Center franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 70 new jobs and retain 35 existing jobs. Next Steps for Getting an SBA Loan If you are working on finding money to start a business in Lyndhurst OH, you ought to talk with a local Lyndhurst SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lyndhurst businesses. 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: How Much Venture Capital Is There? Good Banks for Small Business in Philadelphia, Pennsylvania Getting an SBA Loan in Pennsylvania
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