Pennsylvania Entrepreneur Secures Financing to Buy Roly Poly Franchise
Need money to purchase a Roly Poly franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Roly Poly franchise is doable. In 2004, Pnc Bank, National Association issued an SBA franchise loan to an entrepreneur in State College, Pennsylvania. Because Roly Poly was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.
SBA Loan Borrower
ROLY POLY ROLLED SANDWICHES
STATE COLLEGE, PA 16801
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/25/2004
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Roly Poly franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Roly Poly Rolled Sandwiches
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