Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Pnc Bank, National Association SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Landscaping Services

With these small business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $220,000 was given to a Georgia entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Newnan, Georgia was able to borrow $220,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $165,000 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
NEWNAN, GA 30265

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

561730 - Landscaping Services

Loan Approval Date

3/19/2007

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $165,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 $220,000 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.

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