Belfast, ME Entrepreneur Gets SBA Loan to Buy Dunkin Donuts Franchise
Need a loan to purchase a Dunkin Donuts franchise? Union Trust Company has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Belfast, Maine needed money to invest in a Dunkin Donuts franchise back in 2004. Union Trust Company issued an SBA franchise loan. Here are the details on this Maine small business loan.
SBA Loan Borrower
DUNKIN DONUTS
BELFAST, ME 04915
SBA Loan Lender
UNION TRUST COMPANY
66 MAIN ST
ELLSWORTH, ME 04605
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
722211 - Limited-Service Restaurants
Loan Approval Date
2/19/2004
Loan Approval Gross Amount
$177,000
Loan Approval from the SBA
Of the total $177,000 loan amount, the SBA guaranteed $88,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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
SBIR Funding
SBA Participating Banks in Ellsworth, Maine
Maine SBA Bank Lenders