Orlando, FL Entrepreneur Gets SBA Loan to Buy American Pie Pizza And Drafts House Franchise

Need a loan to invest in an American Pie Pizza And Drafts House franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

American Pie Pizza And Drafts House franchise loans are available to Orlando, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pnc Bank, National Association, based in Pittsburgh, Pennsylvania, issued an SBA franchise loan for an American Pie Pizza And Drafts House franchise in 2006. We've got all the details on this Florida small business loan.

SBA Loan Borrower

AMERICAN PIE PIZZA CO
ORLANDO, FL 32837

SBA Loan Lender

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

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/14/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an American Pie Pizza And Drafts House franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 29 new jobs and retain 30 existing jobs.

Start the Process for Getting an SBA Loan Today!

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This SBA loan was for $200,000. How would you spend $200,000 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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