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| Entrepreneur Resources | Pnc Bank, National Association Philadelphia Business Loans | ||||
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Pennsylvania SBA Banks
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Philadelphia, Pennsylvania Bank Lends Money to Jorjus Wings, LLC in Miami, FloridaA Philadelphia, Pennsylvania small business loan can be yours. Learn how Jorjus Wings, LLC got a $243,500 business loan from this Pennsylvania bank.
This loan to Jorjus Wings, LLC is a good example of an SBA loan. Pnc Bank, National Association made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower JORJUS WINGS, LLC 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 6/29/2007 Loan Approval Gross Amount $243,500 Loan Approval from the SBA Of the total $243,500 loan amount, the SBA guaranteed $182,625. More Information on This SBA Loan The borrower, Jorjus Wings, LLC, 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 no employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. If Jorjus Wings, LLC can get an SBA loan, there's no reason you can't 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 SBA loan database. Related Links: Small Bank Loans in Philadelphia, Pennsylvania If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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