Pnc Bank, National Association Provides SBA Loan to Buy Image Sun Franchise
Borrowing money to buy an Image Sun franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Liberty Township, Ohio needed money to invest in an Image Sun franchise back in 2006. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Ohio small business loan.
SBA Loan Borrower
IMAGE SUN TANNING CENTER
LIBERTY TOWNSHIP, OH 45044
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This lender provides SBA 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
812990 - Personal Services
Loan Approval Date
8/23/2006
Loan Approval Gross Amount
$268,800
Loan Approval from the SBA
Of the total $268,800 loan amount, the SBA guaranteed $201,600.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Image Sun franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $268,800 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Image Sun Tanning Centers
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Getting a Business Loan in Pennsylvania