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November 14, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Honey Dew Donuts Franchise Issued By Rockland Trust Company

Need money to buy a Honey Dew Donuts franchise? Rockland Trust Company has a history of making these loans and they are guaranteed by the SBA.

Honey Dew Donuts franchise loans are available to Abington, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rockland Trust Company, based in Rockland, Massachusetts, issued an SBA franchise loan for a Honey Dew Donuts franchise in 2007. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

CHRIS AND ANNA DONUTS INC DBA HONEY DEW
ABINGTON, MA 02351

SBA Loan Lender

ROCKLAND TRUST COMPANY
288 UNION ST
ROCKLAND, MA 02370

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

7/5/2007

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Honey Dew Donuts franchise. At the time of the loan, the company had 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Abington MA, you ought to talk with a local Abington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Abington businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Honey Dew Donuts

Financing Your Business

SBA Approved Banks in Rockland, Massachusetts

SBA Participating Banks in Massachusetts