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May 18, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Philadelphia, Business Loans > Pnc Bank, National Association Philadelphia Business Loans > Manufacturing Loan | ||||
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Getting a Small Business Loan from Pnc Bank, National Association
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Raymond, Maine Business Gets SBA-Guaranteed Funding from Pnc Bank, National AssociationPnc Bank, National Association has a track record as a leading provider of SBA loans. Find out how this Maine entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Raymond, Maine was able to borrow $400,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $300,000 of this Maine small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURING SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION This SBA loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339999 - Manufacturing Loan Approval Date 1/12/2007 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 35 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small businesses, 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: Borrowing Money from Friends and Family SBA 7A Banks for Philadelphia, Pennsylvania Loans Find an SBA Lender in Pennsylvania
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