Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan to Buy a Franchise in Paterson, New Jersey

 

 
Loan Census SBA Loan Info

Unity Bank Provides SBA Loan to Buy Dunkin Donuts Franchise

Need a loan 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 Paterson, New Jersey needed money to invest in a Dunkin Donuts franchise back in 2003. Unity Bank issued an SBA franchise loan. Here are the details on this New Jersey small business loan.

SBA Loan Borrower

DUNKIN DONUTS
PATERSON, NJ 07502

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

2/21/2003

Loan Approval Gross Amount

$360,000

Loan Approval from the SBA

Of the total $360,000 loan amount, the SBA guaranteed $270,000.

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 18 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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:

Dunkin' Donuts

Choosing VC Firms

Find an SBA Lender in Clinton, New Jersey

SBA Lenders in New Jersey