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| Entrepreneur Resources | Pnc Bank, National Association Pittsburgh Business Loans | ||||
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SBA Lenders Pennsylvania
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Pittsburgh, Pennsylvania Bank Gives SBA Loan to Zone Eatery LLCGet small business loans from a Pittsburgh, Pennsylvania bank that knows how to treat small business owners right! If Zone Eatery LLC can get a loan, there's no reason you can't do it too.
Pnc Bank, National Association is a Pittsburgh, Pennsylvania small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Zone Eatery LLC a Florida company. SBA Loan Borrower ZONE EATERY LLC 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 722110 - Full-Service Restaurants Loan Approval Date 3/10/2006 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower, Zone Eatery 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 2 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Zone Eatery LLC needed a loan. Pnc Bank, National Association probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Pnc Bank, National Association made the loan. The end result was that Zone Eatery LLC was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding - How to Decide How Much to Raise Small Business Banks in Pittsburgh, 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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