Unity Bank Provides SBA Loan to Buy Dunkin Donuts Franchise
Borrowing money to buy a Dunkin Donuts franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
Dunkin Donuts franchise loans are available to Upper Darby, 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 a Dunkin Donuts franchise in 2006. We've got all the details on this Pennsylvania small business loan.
SBA Loan Borrower
SHARDA INVESTMENT III, LLC AND MANESH LP
Upper Darby, PA 19082
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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
10/24/2006
Loan Approval Gross Amount
$1,630,000
Loan Approval from the SBA
Of the total $1,630,000 loan amount, the SBA guaranteed $1,222,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company
had no employees. The SBA loan documents indicated that the loan would help create 10 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are working on finding money to start a business in Upper Darby PA, you ought to talk with a local Upper Darby SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Upper Darby businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,630,000 loan. Remember, fight for what you want, and it will be yours!
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:
Dunkin' Donuts
How to Raise Money
Find an SBA Lender in Clinton, New Jersey
SBA Participating Banks in New Jersey