Borrow Money to Buy a Dunkin Donuts Franchise

Borrowing money to purchase a Dunkin Donuts franchise? Busey Bank 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 2005, Busey Bank issued an SBA franchise loan to an entrepreneur in Champaign, Illinois. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Illinois small business loan was issued on an expedited basis.

SBA Loan Borrower

DUNKIN DONUTS/BASKIN ROBBINS/T
CHAMPAIGN, IL 61820

SBA Loan Lender

BUSEY BANK
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/18/2005

Loan Approval Gross Amount

$1,325,000

Loan Approval from the SBA

Of the total $1,325,000 loan amount, the SBA guaranteed $993,750.

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 9 employees. The loan application indicated that the loan would help retain 9 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

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SBA 7A Banks for Champaign, Illinois Loans

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