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May 17, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Pittsburgh, Business Loans > Pnc Bank, National Association Pittsburgh Business Loans > Park Avenue Donut Corp And Har Loan | ||||
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Union City, New Jersey Bank Loan
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Loan to Buy Dunkin Donuts Franchise Issued By Pnc Bank, National AssociationNeed a loan to invest in a Dunkin Donuts franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Union City, New Jersey needed money to invest in a Dunkin Donuts franchise back in 2005. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this New Jersey small business loan. SBA Loan Borrower PARK AVENUE DONUT CORP AND HAR SBA Loan Lender PNC BANK, NATIONAL ASSOCIATION This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 7/1/2005 Loan Approval Gross Amount $1,750,000 Loan Approval from the SBA Of the total $1,750,000 loan amount, the SBA guaranteed $1,312,500. 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 2 employees. This SBA loan request indicated that the loan would help generate 23 new jobs and retain 25 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $1,750,000. How would you spend $1,750,000 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: Borrowing Money from Friends and Family Where to Get an SBA Loan in Pittsburgh, Pennsylvania
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