Loan to Buy Auntie Ann's soft Pretzels Franchise Issued By Unity Bank
Need money to invest in an Auntie Ann's soft Pretzels franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
Auntie Ann's soft Pretzels franchise loans are available to Media, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Unity Bank, based in Clinton, New Jersey, issued an SBA franchise loan for an Auntie Ann's soft Pretzels franchise in 2000. We've got all the details on this Pennsylvania small business loan.
SBA Loan Borrower
RYAN'S RADICAL PRETZELS,INC.
MEDIA, PA 19063
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
When this loan was made, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program is designed to offer rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
6/12/2000
Loan Approval Gross Amount
$176,000
Loan Approval from the SBA
Of the total $176,000 loan amount, the SBA guaranteed $132,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Auntie Ann's soft Pretzels franchise. At the time of the loan, the company
had 75 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Unity Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Obtaining Funding From a Venture Capitalist
SBA Banks in Clinton, New Jersey
Where to Get an SBA Loan New Jersey