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

Is It Possible to Borrow Money for a Franchise in Sewell, New Jersey?

 

 
Loan Census SBA Loan Info

Sewell, NJ Entrepreneur Gets SBA Loan to Buy Amazon Cafe Franchise

Need money to buy an Amazon Cafe franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

If you live near Sewell, New Jersey and are interested in buying an Amazon Cafe franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Pnc Bank, National Association. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

AMAZON CAFE
SEWELL, NJ 08080

SBA Loan Lender

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

This lender provides SBA debt financing 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

722211 - Limited-Service Restaurants

Loan Approval Date

9/8/2003

Loan Approval Gross Amount

$155,000

Loan Approval from the SBA

Of the total $155,000 loan amount, the SBA guaranteed $116,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Amazon Cafe franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Amazon Café

Dealing With Venture Capitalists

Small Bank Loans in Pittsburgh, Pennsylvania

Getting an SBA Loan in Pennsylvania