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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Pittsburgh, Business Loans > Pnc Bank, National Association Pittsburgh Business Loans > Papa John's Pizza Loan | ||||
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Advice for Getting a Franchise Loan
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Pnc Bank, National Association Provides SBA Loan to Buy Papa John's Pizza FranchiseNeed money to invest in a Papa John's Pizza franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Papa John's Pizza franchise? If so, here's a 2006 SBA franchise loan that you should know about. Pnc Bank, National Association was the lender and the entrepreneur was based in Hicksville, New York. SBA Loan Borrower PAPA JOHN'S PIZZA SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION This lender provides SBA bank 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 722211 - Limited-Service Restaurants Loan Approval Date 5/4/2006 Loan Approval Gross Amount $1,125,000 Loan Approval from the SBA Of the total $1,125,000 loan amount, the SBA guaranteed $843,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Papa John's Pizza franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 14 new jobs and retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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: SBA 7A Lenders in Pittsburgh, Pennsylvania
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