Loan Census Banking News and Information
April 23, 2024  
 
 
  Business Loan Information  
 

Pnc Bank, National Association Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

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

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

Dunkin Donuts franchise loans are available to Abington ( Cdp Name: Abington, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pnc Bank, National Association, based in Pittsburgh, Pennsylvania, issued an SBA franchise loan for a Dunkin Donuts franchise in 2005. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

DUNKIN DONUTS
ABINGTON ( CDP NAME: ABINGTON, PA 19001

SBA Loan Lender

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

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/8/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

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 12 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 12 existing jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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

Family and Friend Investors - Your First Financiers

Small Business Banks in Pittsburgh, Pennsylvania

Getting an SBA Loan in Pennsylvania