Loan Census Banking News and Information
June 4, 2023  
  Business Loan Information  

Pompton Lakes, New Jersey Bank for SBA Loans


Loan Census SBA Loan Info

Loan to Buy Carvel Ice Cream Franchise Issued By Pnc Bank, National Association

Need a loan to purchase a Carvel Ice Cream franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Carvel Ice Cream franchise may simply require a phone call to a local SBA banker. In 2005, Pnc Bank, National Association issued an SBA franchise loan to an entrepreneur in Pompton Lakes, New Jersey. Because Carvel Ice Cream was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis.

SBA Loan Borrower


SBA Loan Lender


This lender provides SBA small 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.


722211 - Limited-Service Restaurants

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $439,000 loan amount, the SBA guaranteed $329,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Carvel Ice Cream franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Pompton Lakes or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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.

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