Pnc Bank, National Association Gives SBA Loan to Child Day Care Services Company

Would a New Jersey business loan help your company expand? If so, you may want to talk with this Pennsylvania bank, which offers SBA loans to New Jersey entrepreneurs.

This small business, based in Montville Township, New Jersey, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Pnc Bank, National Association. We've got the inside scoop on this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
MONTVILLE TOWNSHIP, NJ 07045

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

8/30/2005

Loan Approval Gross Amount

$187,200

Loan Approval from the SBA

Of the total $187,200 loan amount, the SBA guaranteed $140,400.

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 8 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Montville Township NJ, you ought to talk with a local Montville Township SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Montville Township businesses.

This SBA loan was for $187,200. How would you spend $187,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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