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