Philadelphia, Pennsylvania Bank Lends Money to Beer, Wine, And Liquor Stores Company in Baltimore, Maryland
Want to talk with a Philadelphia, Pennsylvania bank about a business loan? Here's one Maryland business loan, issued by a Philadelphia bank, that was approved by the SBA.
Applying for an SBA loan with Pnc Bank, National Association worked out well for our friends at one local company in Baltimore, Maryland. They got an SBA loan for $530,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
Baltimore, MD 21236
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
8800 TINICUM BLVD, 1ST FL, MA
PHILADELPHIA, PA 19153
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
10/25/2007
Loan Approval Gross Amount
$530,000
Loan Approval from the SBA
Of the total $530,000 loan amount, the SBA guaranteed $397,500.
More Information on This SBA Loan
The borrower 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 5 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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