Loan to Buy Days Inn Franchise Issued By Unity Bank

Borrowing money to buy a Days Inn franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.

Days Inn franchise loans are available to Macclenny, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Unity Bank, based in Clinton, New Jersey, issued an SBA franchise loan for a Days Inn franchise in 2000. We've got all the details on this Florida small business loan.

SBA Loan Borrower

DAYS INN MACCLENNY
MACCLENNY, FL 32063

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7011 - Hotels and Motels

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

4/5/2000

Loan Approval Gross Amount

$567,000

Loan Approval from the SBA

Of the total $567,000 loan amount, the SBA guaranteed $425,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Macclenny or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Days Inn Worldwide Inc.

Business Credit Evaluation

Where to Get an SBA Loan in Clinton, New Jersey

New Jersey SBA 7A Lenders