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| Entrepreneur Resources | Pnc Bank, National Association Pittsburgh Business Loans | ||||
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Good Sources for Miami SBA Loans
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Miami, FL Entrepreneur Gets SBA Loan to Buy Radiance Med Spa FranchiseNeed money to buy a Radiance Med Spa franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Radiance Med Spa franchise is doable. In 2005, Pnc Bank, National Association issued an SBA franchise loan to an entrepreneur in Miami, Florida. Because Radiance Med Spa was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower RADIANCE MEDSPA SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION 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 812199 - Other Personal Care Services Loan Approval Date 12/15/2005 Loan Approval Gross Amount $508,000 Loan Approval from the SBA Of the total $508,000 loan amount, the SBA guaranteed $381,000. More Information on This SBA Loan The borrower, Radiance Medspa, borrowed this money for a new business. This loan was used to buy a Radiance Med Spa franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 8 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. If Radiance Medspa 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: Obtaining Funding - Getting Venture Capital Banks in Pittsburgh, Pennsylvania Getting an SBA Loan in 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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