Borrow Money to Buy a Salad Creations Franchise

Need a loan to buy a Salad Creations franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Destin, Florida needed money to invest in a Salad Creations franchise back in 2007. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

SOUTH 40 RECKIN CREW LLC DBA SALAD CREATIO
DESTIN, FL 32541

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
8800 TINICUM BLVD, 1ST FL, MA
PHILADELPHIA, PA 19153

This lender provides SBA debt financing 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

722211 - Limited-Service Restaurants

Loan Approval Date

10/19/2007

Loan Approval Gross Amount

$228,500

Loan Approval from the SBA

Of the total $228,500 loan amount, the SBA guaranteed $171,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Salad Creations franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pnc Bank, National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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