Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Best Banks for Boynton Beach Small Business Owners

 

 
Loan Census SBA Loan Info

Wells Fargo Bank Provides SBA Loan to Buy Dunkin Donuts Franchise

Need a loan to purchase a Dunkin Donuts franchise? Wells Fargo Bank 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 2001 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Boynton Beach, Florida.

SBA Loan Borrower

DUNKIN DONUTS & BASKIN ROBBINS
BOYNTON BEACH, FL 33437

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/24/2001

Loan Approval Gross Amount

$439,000

Loan Approval from the SBA

Of the total $439,000 loan amount, the SBA guaranteed $329,250.

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 2 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 22 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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

Attracting Investors

SBA 7A Lenders in Minneapolis, Minnesota

Minnesota SBA Banks