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April 25, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Access Investorsllc & Accesse Loan | ||||
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How to Get SBA Loans in Elmwood Park (east Paterson), New Jersey
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Comerica Bank Provides SBA Loan to Buy Dunkin Donuts FranchiseNeed a loan to invest in a Dunkin Donuts franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Dunkin Donuts franchise shouldn't be too tough. In 2004, Comerica Bank issued an SBA franchise loan to an entrepreneur in Elmwood Park (east Paterson), New Jersey. Because Dunkin Donuts was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis. SBA Loan Borrower ACCESS INVESTORSLLC & ACCESSE SBA Loan Lender COMERICA BANK 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 722211 - Limited-Service Restaurants Loan Approval Date 7/1/2004 Loan Approval Gross Amount $762,500 Loan Approval from the SBA Of the total $762,500 loan amount, the SBA guaranteed $571,875. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Small Business Banks in Dallas, Texas
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