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November 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Chicago, Business Loans > National Rep. Bank - Chicago Chicago Business Loans > Dunkin Donuts Loan | ||||
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Indiana Small Business Funding for Franchises
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Loan to Buy Dunkin Donuts Franchise Issued By National Rep. Bank - ChicagoBorrowing money to buy a Dunkin Donuts franchise? National Rep. Bank - Chicago has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Dunkin Donuts franchise may simply require a phone call to a local SBA banker. In 2003, National Rep. Bank - Chicago issued an SBA franchise loan to an entrepreneur in Highland, Indiana. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis. SBA Loan Borrower DUNKIN DONUTS SBA Loan Lender NATIONAL REP. BANK - CHICAGO This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445291 - Baked Goods Stores Loan Approval Date 3/19/2003 Loan Approval Gross Amount $360,000 Loan Approval from the SBA Of the total $360,000 loan amount, the SBA guaranteed $270,000. 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 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: Who Lends Money to Small Businesses in Chicago, Illinois
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