Loan to Buy Dunkin Donuts Franchise Issued By Rbs Citizens
Need a loan to buy a Dunkin Donuts franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Dunkin Donuts franchise shouldn't be too tough. In 2000, Rbs Citizens issued an SBA franchise loan to an entrepreneur in Canton, Massachusetts. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis.
SBA Loan Borrower
AC MANAGEMENT, INC.
CANTON, MA 02021
SBA Loan Lender
RBS CITIZENS
191 SOCIAL ST
WOONSOCKET, RI 02895
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
10/23/2000
Loan Approval Gross Amount
$1,800,000
Loan Approval from the SBA
Of the total $1,800,000 loan amount, the SBA guaranteed $748,800.
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 50 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
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
SBIR Funding
SBA 7A Banks in Woonsocket, Rhode Island
Rhode Island SBA Banks