Texas Entrepreneur Secures Financing to Buy Dunn Bros Coffee Franchise

Borrowing money to purchase a Dunn Bros Coffee franchise? Millennium State Bank Of Texas has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Frisco, Texas needed money to invest in a Dunn Bros Coffee franchise back in 2004. Millennium State Bank Of Texas issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

DUNN BROS. COFFEE
FRISCO, TX 75035

SBA Loan Lender

MILLENNIUM STATE BANK OF TEXAS
11950 WEBB CHAPEL RD
DALLAS, TX 75234

At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program aims to offer fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/27/2004

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dunn Bros Coffee franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 5 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Frisco TX, you ought to talk with a local Frisco SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Frisco 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.

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