Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Financing Lender Brewer (rr Name Brewer Junctio Maine

 

 
Loan Census SBA Loan Info

Loan to Buy Dunkin Donuts Franchise Issued By Merrill Merchants Bank

Need a loan to invest in a Dunkin Donuts franchise? Merrill Merchants Bank has a history of making these loans and they are guaranteed by the SBA.

Dunkin Donuts franchise loans are available to Brewer (rr Name Brewer Junctio, Maine entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Merrill Merchants Bank, based in Bangor, Maine, issued an SBA franchise loan for a Dunkin Donuts franchise in 2001. We've got all the details on this Maine small business loan.

SBA Loan Borrower

DUNKIN DONUTS
BREWER (RR NAME BREWER JUNCTIO, ME 04412

SBA Loan Lender

MERRILL MERCHANTS BANK
201 MAIN ST
BANGOR, ME 04401

This SBA small business 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

4/5/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 12 employees. This SBA loan request indicated that the loan would help retain 120 existing jobs.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, things become real when you believe you can achieve them!

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 Incubators

SBA Participating Banks in Bangor, Maine

Maine SBA 7A Lenders