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April 28, 2024 |
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| Home > Small Business Lenders by State > Delaware Business Loan Sources > Philadelphia, Business Loans > Pnc Bank, National Association Philadelphia Business Loans > Outdoor Lighting Perspectives Of De, Inc. Loan | ||||
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Business Loans for Magnolia Small Business Owners
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Delaware Entrepreneur Secures Financing to Buy Outdoor Lighting Perspectives FranchiseBorrowing money to purchase an Outdoor Lighting Perspectives franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. Outdoor Lighting Perspectives franchise loans are available to Magnolia, Delaware 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 an Outdoor Lighting Perspectives franchise in 2006. We've got all the details on this Delaware small business loan. SBA Loan Borrower OUTDOOR LIGHTING PERSPECTIVES OF DE, INC. SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 423610 - Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Loan Approval Date 10/4/2006 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Outdoor Lighting Perspectives franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Microlending as a Small Business Funding Source Find an SBA Lender in Philadelphia, Pennsylvania
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