Maryland Entrepreneur Secures Financing to Buy Salad Works Franchise
Need money to invest in a Salad Works 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 Salad Works 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 Salisbury, Maryland.
SBA Loan Borrower
ESM PROPERTIES, LLC
SALISBURY, MD 21801
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
722110 - Full-Service Restaurants
Loan Approval Date
4/27/2007
Loan Approval Gross Amount
$360,000
Loan Approval from the SBA
Of the total $360,000 loan amount, the SBA guaranteed $270,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Salad Works franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a company in Salisbury MD, you ought to talk with a local Salisbury SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Salisbury businesses.
We can help you find the best banks for small businesses in Salisbury or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Saladworks, Inc.
Obtaining Funding - Friends and Family
SBA 7A Lenders in Philadelphia, Pennsylvania
Getting a Business Loan in Pennsylvania