Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Raising Money in Dover, Delaware With SBA Loans

 

 
Loan Census SBA Loan Info

Delaware Entrepreneur Secures Financing to Buy Philly Soft Pretzel Factory Franchise

Borrowing money to buy a Philly Soft Pretzel Factory franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Dover, Delaware needed money to invest in a Philly Soft Pretzel Factory franchise back in 2007. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Delaware small business loan.

SBA Loan Borrower

TWISTED J, INC
DOVER, DE 19901

SBA Loan Lender

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

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

3/30/2007

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $70,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Philly Soft Pretzel Factory franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Philly Soft Pretzel Factory

The Art of Bootstrapping

Small Business Banks in Philadelphia, Pennsylvania

Pennsylvania SBA 7A Lenders