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November 14, 2024  
 
 
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Loan Census SBA Loan Info

Philadelphia, Pennsylvania Bank Gives SBA Loan to Computer Related Services Company

Thinking about meeting with a Philadelphia, Pennsylvania bank about an SBA loan? Here's one Virginia business loan, issued by a Philadelphia bank, that was approved by the SBA.

Applying for an SBA loan with Pnc Bank, National Association worked out well for our friends at one local firm in Reston, Virginia. The business was able to get an SBA loan for $110,000. Great job!

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
RESTON, VA 20191

SBA Loan Lender

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

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541519 - Computer Related Services

Loan Approval Date

11/9/2007

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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. This SBA loan request indicated that the borrowed money would help generate 5 new jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Reston VA, you ought to talk with a local Reston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Reston businesses.

This SBA loan was for $110,000. How would you spend $110,000 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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