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November 15, 2024  
 
 
  Business Loan Information  
 

Union City, New Jersey Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Dunkin Donuts Franchise Issued By Pnc Bank, National Association

Need a loan to invest in a Dunkin Donuts franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Union City, New Jersey needed money to invest in a Dunkin Donuts franchise back in 2005. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this New Jersey small business loan.

SBA Loan Borrower

PARK AVENUE DONUT CORP AND HAR
UNION CITY, NJ 07087

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

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

722110 - Full-Service Restaurants

Loan Approval Date

7/1/2005

Loan Approval Gross Amount

$1,750,000

Loan Approval from the SBA

Of the total $1,750,000 loan amount, the SBA guaranteed $1,312,500.

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. This SBA loan request indicated that the loan would help generate 23 new jobs and retain 25 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $1,750,000. How would you spend $1,750,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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