Unity Bank Provides SBA Loan to Buy Dunkin Donuts Franchise
Need money to buy a Dunkin Donuts franchise? Unity Bank 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 2006 SBA franchise loan that you should know about. Unity Bank was the lender and the entrepreneur was based in Downington, Pennsylvania.
SBA Loan Borrower
FRESH CUP UWCHLAN INC. D/B/A DUNKIN DONUTS
Downington, PA 19335
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
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
445291 - Baked Goods Stores
Loan Approval Date
6/27/2006
Loan Approval Gross Amount
$1,096,700
Loan Approval from the SBA
Of the total $1,096,700 loan amount, the SBA guaranteed $822,525.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company
had no employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 20 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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
The Friends and Family Network
SBA Approved Banks in Clinton, New Jersey
SBA Lenders in New Jersey