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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Borrow Money to Buy a Dunkin Donuts Franchise

Borrowing money to purchase a Dunkin Donuts franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

Dunkin Donuts franchise loans are available to Brooklyn, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cit Small Business Lending Corp, based in Livingston, New Jersey, issued an SBA franchise loan for a Dunkin Donuts franchise in 2005. We've got all the details on this New York small business loan.

SBA Loan Borrower

SPS PARTNERS LLC
BROOKLYN, NY 11211

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

311811 - Retail Bakeries

Loan Approval Date

8/22/2005

Loan Approval Gross Amount

$688,000

Loan Approval from the SBA

Of the total $688,000 loan amount, the SBA guaranteed $516,000.

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 17 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Alternative Financing

SBA Banks in Livingston, New Jersey

Getting a Business Loan in New Jersey