Loan to Buy Dunkin Donuts Franchise Issued By Unity Bank

Borrowing money to buy a Dunkin Donuts franchise? Unity 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 2005, Unity Bank issued an SBA franchise loan to an entrepreneur in Pasadena, Maryland. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Maryland small business loan was issued on an expedited basis.

SBA Loan Borrower

DUNKIN DONUTS
PASADENA, MD 21122

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/29/2005

Loan Approval Gross Amount

$1,018,600

Loan Approval from the SBA

Of the total $1,018,600 loan amount, the SBA guaranteed $763,950.

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 20 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $1,018,600. How would you spend $1,018,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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

Investor Turnoffs

Who Lends Money to Small Businesses in Clinton, New Jersey

New Jersey SBA 7A Banks