Maryland Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise
Need money to invest in a Dunkin Donuts franchise? Preferred Capital Bidco, Inc. has a history of making these loans and they are guaranteed by the SBA.
Dunkin Donuts franchise loans are available to Accokeek, Maryland entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Preferred Capital Bidco, Inc., based in Wilmington, Delaware, issued an SBA franchise loan for a Dunkin Donuts franchise in 2005. We've got all the details on this Maryland small business loan.
SBA Loan Borrower
DUNKIN' DONUTS/BASKIN ROBBINS
ACCOKEEK, MD 20607
SBA Loan Lender
PREFERRED CAPITAL BIDCO, INC.
300 DELAWARE AVENUE, SUITE 13
WILMINGTON, DE 19801
This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
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
6/6/2005
Loan Approval Gross Amount
$1,260,000
Loan Approval from the SBA
Of the total $1,260,000 loan amount, the SBA guaranteed $945,000.
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 24 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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
Business Cash Advances
Banks in Wilmington, Delaware
Getting an SBA Loan in Delaware