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| Entrepreneur Resources | Pnc Bank, National Association Philadelphia Business Loans | ||||
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Philadelphia Lenders
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Philadelphia, Pennsylvania Bank Lends Money to Stir Moon Dadeland, Inc. in Miami, FloridaFind Philadelphia, Pennsylvania banks that specialize in small business loans and know how to work with entrepreneurs. Pnc Bank, National Association is one such bank, as evidenced by this SBA loan to Stir Moon Dadeland, Inc..
Finding a small business loan in Miami, Florida starts with an understanding of who else has gotten loans in the area. In this case, Stir Moon Dadeland, Inc. received funding from Pnc Bank, National Association Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower Stir Moon Dadeland, Inc. SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 7/23/2007 Loan Approval Gross Amount $1,480,000 Loan Approval from the SBA Of the total $1,480,000 loan amount, the SBA guaranteed $1,110,000. More Information on This SBA Loan The borrower, Stir Moon Dadeland, Inc., borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help create 35 new jobs. Great, But How Can I Get an SBA Loan for My 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. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Stir Moon Dadeland, Inc. walked into Pnc Bank, National Association and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA 7A Banks in Philadelphia, Pennsylvania SBA Participating Banks 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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