Pnc Bank, National Association Provides SBA Loan to Buy Dunkin Donuts Franchise
Need a loan to buy a Dunkin Donuts 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 Dunkin Donuts franchise? If so, here's a 2004 SBA franchise loan that you should know about. Pnc Bank, National Association was the lender and the entrepreneur was based in Bayonne, New Jersey.
SBA Loan Borrower
DUNKIN DONUTS/BASKIN ROBBINS
BAYONNE, NJ 07002
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
6/18/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company
had 35 employees. The SBA loan application for the borrower indicated that the loan would help retain 35 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pnc Bank, National Association and they will explain how you can get an SBA loan for your company.
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:
Dunkin' Donuts
Role of Business Plan When Raising Money
SBA Participating Banks in Pittsburgh, Pennsylvania
Pennsylvania SBA Banks