Loan to Buy Papa John's Pizza Franchise Issued By Pnc Bank, National Association
Need a loan to purchase a Papa John's Pizza 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 Papa John's Pizza franchise? If so, here's a 2005 SBA franchise loan that you should know about. Pnc Bank, National Association was the lender and the entrepreneur was based in Williamsport, Pennsylvania.
SBA Loan Borrower
GIOVANNI FRANCHISE INC & MVJ P
WILLIAMSPORT, PA 17701
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
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
722211 - Limited-Service Restaurants
Loan Approval Date
10/11/2005
Loan Approval Gross Amount
$940,000
Loan Approval from the SBA
Of the total $940,000 loan amount, the SBA guaranteed $705,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Papa John's Pizza franchise. At the time of the loan, the company
had 18 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Williamsport PA, you ought to talk with a local Williamsport SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Williamsport businesses.
This SBA loan was for $940,000. How would you spend $940,000 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.
Related Links:
Papa John's International
A Company That Helps Entrepreneurs
Best Banks in Pittsburgh, Pennsylvania
Pennsylvania SBA 7A Lenders