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November 24, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Dunkin Doughnuts And Baskin Ro Loan | ||||
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Loans to Buy a Franchise in Georgia
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Georgia Entrepreneur Secures Financing to Buy Dunkin Donuts FranchiseNeed a loan to buy a Dunkin Donuts franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Conyers, Georgia needed money to invest in a Dunkin Donuts franchise back in 2003. Temecula Valley Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower DUNKIN DOUGHNUTS AND BASKIN RO SBA Loan Lender TEMECULA VALLEY BANK 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 722110 - Full-Service Restaurants Loan Approval Date 11/20/2003 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. 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 15 employees. The SBA loan application for the borrower indicated that the loan would help retain 15 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Temecula Valley Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Family and Friend Investors - Your First Financiers SBA 7A Banks in Temecula, California
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