Loan to Buy Philly Soft Pretzel Factory Franchise Issued By Sun National Bank

Borrowing money to invest in a Philly Soft Pretzel Factory franchise? Sun National Bank has a history of making these loans and they are guaranteed by the SBA.

Philly Soft Pretzel Factory franchise loans are available to Chadds Ford, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Sun National Bank, based in Vineland, New Jersey, issued an SBA franchise loan for a Philly Soft Pretzel Factory franchise in 2007. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

PHILLY SOFT PRETZEL
CHADDS FORD, PA 19317

SBA Loan Lender

SUN NATIONAL BANK
226 LANDIS AVE
VINELAND, NJ 08360

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

3/28/2007

Loan Approval Gross Amount

$185,000

Loan Approval from the SBA

Of the total $185,000 loan amount, the SBA guaranteed $138,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Philly Soft Pretzel Factory franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 Sun National Bank 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:

Philly Soft Pretzel Factory

Angel Investors

SBA 7A Lenders in Vineland, New Jersey

SBA Participating Banks in New Jersey