Georgia Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise
Need money to purchase a Dunkin Donuts franchise? United Commercial Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Athens, Georgia needed money to invest in a Dunkin Donuts franchise back in 2001. United Commercial Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan.
SBA Loan Borrower
ATHENS DUNKIN DONUT
ATHENS, GA 30606
SBA Loan Lender
UNITED COMMERCIAL BANK
4360 CHAMBLEE-DUNWOODY RD
ATLANTA, GA 30341
This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/18/2001
Loan Approval Gross Amount
$920,000
Loan Approval from the SBA
Of the total $920,000 loan amount, the SBA guaranteed $690,000.
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 3 employees. The loan application indicated that the loan would help generate 25 new jobs and retain 25 existing jobs.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Athens or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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