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November 15, 2024  
 
 
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Requirements for Financing a Franchise

 

 
Loan Census SBA Loan Info

Pnc Bank, National Association Provides SBA Loan to Buy Action International Franchise

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

Action International franchise loans are available to Stroudsburg, Pennsylvania 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 Action International franchise in 2006. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

ACTION INTERNATIONAL
STROUDSBURG, PA 18360

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

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

2/14/2006

Loan Approval Gross Amount

$120,200

Loan Approval from the SBA

Of the total $120,200 loan amount, the SBA guaranteed $102,170.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Action International franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,200 loan. Remember, you control your own destiny.

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:

Action Coach

Accountant's Role in Securing Financing

SBA 7A Banks in Pittsburgh, Pennsylvania

SBA Lenders in Pennsylvania