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April 23, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Wilmington, Business Loans > Preferred Capital Bidco, Inc. Wilmington Business Loans > Peace A Pizza Loan | ||||
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Willow Grove, Pennsylvania Bank Loan
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Pennsylvania Entrepreneur Secures Financing to Buy Peace A Pizza FranchiseBorrowing money to invest in a Peace A Pizza franchise? Preferred Capital Bidco, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Willow Grove, Pennsylvania needed money to invest in a Peace A Pizza franchise back in 2007. Preferred Capital Bidco, Inc. issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower PEACE A PIZZA SBA Loan Lender PREFERRED CAPITAL BIDCO, INC. 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 9/10/2007 Loan Approval Gross Amount $384,000 Loan Approval from the SBA Of the total $384,000 loan amount, the SBA guaranteed $288,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Peace A Pizza franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 15 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $384,000. How would you spend $384,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Determining Proper Capital Structure for a Business SBA 7A Banks for Wilmington, Delaware Loans Browse All Business Loan Sources for Delaware
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