Florence, KY Entrepreneur Gets SBA Loan to Buy Dunkin Donuts Franchise

Borrowing money to invest in a Dunkin Donuts franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA.

Dunkin Donuts franchise loans are available to Florence, Kentucky entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Fifth Third Bank, based in Cincinnati, Ohio, issued an SBA franchise loan for a Dunkin Donuts franchise in 2003. We've got all the details on this Kentucky small business loan.

SBA Loan Borrower

DUNKIN DONUTS
FLORENCE, KY 41042

SBA Loan Lender

FIFTH THIRD BANK
38 FOUNTAIN SQ PLZ
CINCINNATI, OH 45263

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending 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

10/2/2003

Loan Approval Gross Amount

$386,000

Loan Approval from the SBA

Of the total $386,000 loan amount, the SBA guaranteed $289,500.

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 7 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

We can help you find the best banks for small businesses in Florence or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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