Drycleaning and Laundry Services SBA Loans
Looking for SBA loans for drycleaning and laundry services? Try the SBA. This $385,600 drycleaning and laundry services loan was issued by a Pennsylvania bank.
Getting a small business loan in Austin, Texas was important for Silwin,Inc Dba Cathy's Cleaner back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association, operating out of Philadelphia, Pennsylvania. Here are the details on this Texas small business loan.
SBA Loan Borrower
SILWIN,INC DBA CATHY'S CLEANER
5525 BALCONES DR
AUSTIN, TX 78731
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
8800 TINICUM BLVD, 1ST FL, MA
PHILADELPHIA, PA 19153
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812320 - Drycleaning and Laundry Services (except Coin-Operated)
Loan Approval Date
3/23/2007
Loan Approval Gross Amount
$385,600
Loan Approval from the SBA
Of the total $385,600 loan amount, the SBA guaranteed $289,200.
More Information on This SBA Loan
The borrower, Silwin,Inc Dba Cathy's Cleaner, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Silwin,Inc Dba Cathy's Cleaner recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Business Credit Evaluation
Best Banks for Small Business in Philadelphia, Pennsylvania
Getting a Business Loan in Pennsylvania
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