Unity Bank Provides SBA Loan to Buy Dunkin Donuts Franchise
Need a loan to buy a Dunkin Donuts franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Paterson, New Jersey needed money to invest in a Dunkin Donuts franchise back in 2003. Unity Bank issued an SBA franchise loan. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
DUNKIN DONUTS
PATERSON, NJ 07502
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311811 - Retail Bakeries
Loan Approval Date
2/21/2003
Loan Approval Gross Amount
$360,000
Loan Approval from the SBA
Of the total $360,000 loan amount, the SBA guaranteed $270,000.
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 18 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 18 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
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