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November 15, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Philadelphia, Business Loans > Pnc Bank, National Association Philadelphia Business Loans > Ludeker Inc Dba Ricky's Candy Cones And Ch Loan | ||||
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Pnc Bank, National Association Small Business Franchise Loan
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Borrow Money to Buy a Ricky's Candy, Cones And Chaos FranchiseNeed money to purchase a Ricky's Candy, Cones And Chaos franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Fredericksburg, Virginia needed money to invest in a Ricky's Candy, Cones And Chaos franchise back in 2007. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Virginia small business loan. SBA Loan Borrower LUDEKER INC DBA RICKY'S CANDY CONES AND CH 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 445292 - Confectionery and Nut Stores Loan Approval Date 6/27/2007 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Ricky's Candy, Cones And Chaos franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We can help you find the best banks for small businesses in Fredericksburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Ricky's Candy, Cones and Chaos Advice on Getting a Small Business Loan SBA 7A Banks for Philadelphia, Pennsylvania Loans
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