Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Where to Get an SBA 7A Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Dutch Bros. Coffee Franchise

Need a loan to invest in a Dutch Bros. Coffee franchise? Libertybank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Dutch Bros. Coffee franchise? If so, here's a 2001 SBA franchise loan that you should know about. Libertybank was the lender and the entrepreneur was based in Eugene, Oregon.

SBA Loan Borrower

STEWART & SONS ENTERPRISES
EUGENE, OR 97405

SBA Loan Lender

LIBERTYBANK
899 PEARL ST
EUGENE, OR 97401

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/10/2001

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dutch Bros. Coffee franchise. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $60,000. How would you spend $60,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Dutch Bros. Coffee

Accountant's Role in Securing Financing

Banks in Eugene, Oregon

Where to Get an SBA Loan Oregon