Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Howell (p.O.), New Jersey Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Desert Moon Cafe Franchise Issued By Unity Bank

Borrowing money to purchase a Desert Moon Cafe franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.

Desert Moon Cafe franchise loans are available to Howell (p.O.), New Jersey 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 Desert Moon Cafe franchise in 2005. We've got all the details on this New Jersey small business loan.

SBA Loan Borrower

DESERT MOON CAFE
HOWELL (P.O.), NJ 07731

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

722211 - Limited-Service Restaurants

Loan Approval Date

4/29/2005

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Desert Moon Cafe franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 6 new jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Howell (p.O.) NJ, you ought to talk with a local Howell (p.O.) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Howell (p.O.) businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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.

Related Links:

Desert Moon

Raising Venture Capital

Where to Get an SBA Loan in Clinton, New Jersey

SBA Participating Banks in New Jersey