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November 14, 2024  
 
 
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Pnc Bank, National Association Provides SBA Loan to Buy Hollywood Tans Franchise

Need a loan to invest in a Hollywood Tans 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 Hollywood Tans franchise? If so, here's a 2007 SBA franchise loan that you should know about. Pnc Bank, National Association was the lender and the entrepreneur was based in New York, New York.

SBA Loan Borrower

3-K TANNING, L.L.C. DBA HOLLYWOOD TANS
NEW YORK, NY 10128

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
8800 TINICUM BLVD, 1ST FL, MA
PHILADELPHIA, PA 19153

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

812990 - Personal Services

Loan Approval Date

4/13/2007

Loan Approval Gross Amount

$421,600

Loan Approval from the SBA

Of the total $421,600 loan amount, the SBA guaranteed $316,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Hollywood Tans franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Hollywood Tans

Alternative Financing

SBA 7A Banks in Philadelphia, Pennsylvania

SBA Pennsylvania Lenders