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April 18, 2024  
 
 
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Raising Money in Chelmsford, Massachusetts With SBA Loans

 

 
Loan Census SBA Loan Info

Unity Bank Provides SBA Loan to Buy Carvel Ice Cream Franchise

Need a loan to invest in a Carvel Ice Cream franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.

Carvel Ice Cream franchise loans are available to Chelmsford, Massachusetts 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 Carvel Ice Cream franchise in 2006. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

CARVEL
CHELMSFORD, MA 01824

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a 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

2/13/2006

Loan Approval Gross Amount

$294,700

Loan Approval from the SBA

Of the total $294,700 loan amount, the SBA guaranteed $221,025.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Carvel Ice Cream franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small 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!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Carvel Ice Cream

Carvel Corporation

Angel Investors

Best Clinton, New Jersey Banks for Small Business

New Jersey SBA 7A Banks