Loan to Buy Ronzio Franchise Issued By Unity Bank

Need a loan to purchase a Ronzio franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.

Ronzio franchise loans are available to Johnston (town Of), Rhode Island 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 Ronzio franchise in 2005. We've got all the details on this Rhode Island small business loan.

SBA Loan Borrower

RONZIO PIZZA AND SUBS
JOHNSTON (TOWN OF), RI 02919

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

722110 - Full-Service Restaurants

Loan Approval Date

6/27/2005

Loan Approval Gross Amount

$13,000

Loan Approval from the SBA

Of the total $13,000 loan amount, the SBA guaranteed $6,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Ronzio franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Unity Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Ronzio Pizza

Advice on Getting a Small Business Loan

SBA 7A Banks in Clinton, New Jersey

New Jersey SBA 7A Banks