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April 23, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Pittsburgh, Business Loans > Pnc Bank, National Association Pittsburgh Business Loans > Saladworks Loan | ||||
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Pnc Bank, National Association Small Business Franchise Loan
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New Jersey Entrepreneur Secures Financing to Buy Salad Works FranchiseNeed money to purchase a Salad Works franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. Salad Works franchise loans are available to Toms River, New Jersey 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 a Salad Works franchise in 2006. We've got all the details on this New Jersey small business loan. SBA Loan Borrower SALADWORKS SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/20/2006 Loan Approval Gross Amount $388,800 Loan Approval from the SBA Of the total $388,800 loan amount, the SBA guaranteed $291,600. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Salad Works franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business 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. We can help you find the best banks for small businesses in Toms River 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 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: The Friends and Family Network Best Banks in Pittsburgh, Pennsylvania
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