PNC Bank, National Association SALAD WORKS SBA Loans in Delaware — 3 Funded
Delaware loan data 2004–2009 · Updated May 2026
PNC Bank, National Association has funded 3 SBA loans to SALAD WORKS franchisees in Delaware, totaling $889K in approved financing across 2 cities.
The average SALAD WORKS loan in Delaware from PNC Bank, National Association is $296K at a 5.5% average interest rate, with terms averaging 99 months. The Delaware default rate is 33.3% based on 3 resolved loans — 8.1 points lower than PNC Bank, National Association's national SALAD WORKS default rate of 41.4%. Delaware represents 9.1% of PNC Bank, National Association's total SALAD WORKS lending nationally. These loans collectively support 52 Delaware jobs. SBA-guaranteed portion totals $667K (75% of approved volume).
How Delaware Compares to PNC Bank, National Association's National SALAD WORKS Lending
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PNC Bank, National Association is one of 1+ lenders who have funded SALAD WORKS in Delaware. We can help you compare options and connect with lenders experienced in this brand and state — no retainers, referral fee at closing.
PNC Bank, National Association SALAD WORKS Loan Performance in Delaware
Based on 3 SBA loans originated by PNC Bank, National Association for SALAD WORKS franchisees with Delaware addresses, the Delaware-specific lending relationship spans 2004–2009. Of 3 resolved Delaware loans, 2 were paid in full and 1 resulted in chargeoffs.
The Delaware loan size range extends from $244K to $390K, indicating PNC Bank, National Association funds both smaller single-unit SALAD WORKS operations and larger multi-unit or renovation projects in Delaware. Each loan supports an average of 17 jobs in the local economy, and the portfolio collectively supports 52 Delaware jobs. Most Delaware SALAD WORKS loans from PNC Bank, National Association are classified under "Limited-Service Restaurants" (NAICS).
Recent activity: PNC Bank, National Association has originated 0 SALAD WORKS Delaware loans in the last 2 fiscal years. The most recent SALAD WORKS Delaware approval recorded is from FY2009. Note: lack of recent activity may indicate PNC Bank, National Association has paused, slowed, or exited SALAD WORKS Delaware lending — borrowers should verify current appetite directly.
SBA guarantee profile: The SBA-guaranteed portion of PNC Bank, National Association's SALAD WORKS Delaware loans averages 75% of approved volume, totaling $667K in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.
The 33.3% Delaware default rate is above the SBA portfolio average. This may reflect local market conditions, the specific Delaware cities funded, or the economic cycle when these loans originated. Prospective borrowers should compare this to other Delaware lenders who have funded SALAD WORKS (shown below) and consider multiple options before committing.
SBA Programs Used for SALAD WORKS Loans in Delaware
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 3 | $296K | 5.5% | 99 mo |
SALAD WORKS Loan Size Distribution from PNC Bank, National Association in Delaware
How PNC Bank, National Association's SALAD WORKS Delaware loan sizes break down by deal size. Useful for sizing your own deal: where do most Delaware SALAD WORKS approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of Delaware Loans |
|---|---|---|---|
| $150K-$350K | 2 | $250K | 67% |
| $350K-$750K | 1 | $390K | 33% |
How PNC Bank, National Association Originates SALAD WORKS Loans in Delaware
SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. PNC Bank, National Association uses 1 different Delaware delivery methods for SALAD WORKS:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Preferred Lenders Program | 3 | $296K |
Where in Delaware PNC Bank, National Association Funds SALAD WORKS Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Newark | 2 | $323K | $645K | 0% — Low Risk |
| Dover | 1 | $244K | $244K | 100% — High Risk |
PNC Bank, National Association's strongest SALAD WORKS lending presence in Delaware is concentrated in Newark (2 loans), Dover (1 loans).
PNC Bank, National Association SALAD WORKS Lending in Delaware Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2009 | 1 | $255K | $255K | 5.5% |
| 2004 | 2 | $317K | $634K | — |
Other Franchises PNC Bank, National Association Funds in Delaware
PNC Bank, National Association is active in Delaware franchise lending beyond SALAD WORKS. Other Delaware franchise brands they have funded:
PNC Bank, National Association SALAD WORKS Lending in Other States
PNC Bank, National Association has also funded SALAD WORKS franchisees in 3 other states. View state-specific data:
How to Get an SBA Loan for a SALAD WORKS Franchise in Delaware
If you're considering a SALAD WORKS franchise in Delaware and want to finance through PNC Bank, National Association or another SBA lender, here's what you need to know based on our analysis of 3 historical Delaware loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.SALAD WORKS's franchise fee and total investment determine minimum capital requirements.
Compare Delaware Lenders
1 lenders have funded SALAD WORKS in Delaware. Lenders with more local SALAD WORKS experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches Delaware borrowers with lenders who have a proven track record funding SALAD WORKS in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on Delaware historical data: The average SALAD WORKS SBA loan from PNC Bank, National Association in Delaware is $296K with a 5.5% interest rate and a 99-month term.Delaware loan amounts range from $244K to $390K.
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We connect you with lenders who have already funded SALAD WORKS in Delaware — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.