Toms River, NJ Entrepreneur Gets 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.
An entrepreneur in Toms River, New Jersey needed money to invest in a Dunkin Donuts franchise back in 2005. Unity Bank issued an SBA franchise loan. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
DUNKIN DONUTS
TOMS RIVER, NJ 08755
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445291 - Baked Goods Stores
Loan Approval Date
4/19/2005
Loan Approval Gross Amount
$505,800
Loan Approval from the SBA
Of the total $505,800 loan amount, the SBA guaranteed $379,350.
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 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
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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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