Loan to Buy Atlanta Bread Company Franchise Issued By Pnc Bank, National Association

Borrowing money to purchase an Atlanta Bread Company franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

Atlanta Bread Company franchise loans are available to Saint Petersburg, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pnc Bank, National Association, based in Pittsburgh, Pennsylvania, issued an SBA franchise loan for an Atlanta Bread Company franchise in 2007. We've got all the details on this Florida small business loan.

SBA Loan Borrower

ATLANTA BREAD COMPANY
SAINT PETERSBURG, FL 33701

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This lender provides SBA 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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/9/2007

Loan Approval Gross Amount

$485,700

Loan Approval from the SBA

Of the total $485,700 loan amount, the SBA guaranteed $364,275.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had 22 employees. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 22 existing jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Atlanta Bread Company

Financing Your Business

Small Bank Loans in Pittsburgh, Pennsylvania

Getting a Business Loan in Pennsylvania