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November 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Philadelphia, Business Loans > Pnc Bank, National Association Philadelphia Business Loans > Automotive Body, Paint, And Interior Repair And Maintenance Loan | ||||
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SBA 7A Banks for Marionville Business Owners
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Automotive Body, Paint, and Interior Repair and Maintenance Commercial LoansLooking for commercial loans for automotive body, paint, and interior repair and maintenance? The SBA may be the answer. This $250,500 automotive body, paint, and interior repair and maintenance loan was issued by a Pennsylvania bank. This business knew how to go about getting a business bank loan. Based in Marionville, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Pnc Bank, National Association, based in Philadelphia, Pennsylvania. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE 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 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 2/5/2008 Loan Approval Gross Amount $250,500 Loan Approval from the SBA Of the total $250,500 loan amount, the SBA guaranteed $187,875. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application 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? Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pnc Bank, National Association and they will explain how you can get an SBA loan for your company. 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: Raising VC Money for Social Networking Companies Best Banks in Philadelphia, Pennsylvania
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