Maryland Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise
Need a loan to buy a Dunkin Donuts franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Dunkin Donuts franchise? If so, here's a 2005 SBA franchise loan that you should know about. Pnc Bank, National Association was the lender and the entrepreneur was based in Baltimore Highlands, Maryland.
SBA Loan Borrower
DUNKIN DONUTS
BALTIMORE HIGHLANDS, MD 21201
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This lender provides SBA guaranteed 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
2/11/2005
Loan Approval Gross Amount
$999,900
Loan Approval from the SBA
Of the total $999,900 loan amount, the SBA guaranteed $749,925.
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 10 employees. The SBA loan documents indicated that the loan would help generate 30 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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.
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