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PCC

 
Hoover's Profile: PMC Commercial Trust
(NYSE Alternext:PCC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
PMC Commercial Trust
17950 Preston Rd., Ste. 600
Dallas, TX 75252
TX Tel. 972-349-3200
Toll Free 800-486-3223
Fax 972-349-3265

Type: Public
On the web: http://www.pmctrust.com
Employees: 31
Employee growth: (32.6%)

PMC Commercial Trust likes lending to little businesses. The real estate investment trust (REIT) makes small business loans, primarily to limited-service hotel franchisees. The loans, ranging from $100,000 to $4 million, are secured by first liens on real estate and written for hotel owner/operators of national franchises. About one-quarter of the loans are secured by properties in Texas. The company also lends to small business owners in the service, retail, multifamily residential, and manufacturing sectors. Subsidiaries of PMC Commercial Trust are active in Small Business Administration (SBA) lending and in investing (as small business investment companies, or SBICs).

Key numbers for fiscal year ending December, 2008:
Sales: $23.1M
One year growth: (15.3%)
Net income: $9.8M
Income growth: (25.3%)

Officers:
President, CEO, Secretary, and Trust Manager: Lance B. Rosemore
EVP, COO, Chief Investment Officer, and Treasurer: Jan F. Salit
EVP and CFO: Barry N. Berlin

Competitors:
Ashford Hospitality Trust
Capital Trust
Cullen/Frost Bankers

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