Florida Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise
Need a loan to invest in a Dunkin Donuts franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Hollywood, Florida needed money to invest in a Dunkin Donuts franchise back in 2001. Ncb, Fsb issued an SBA franchise loan. Here are the details on this Florida small business loan.
SBA Loan Borrower
DUNKIN DONUTS/BASKIN ROBBINS
HOLLYWOOD, FL 33020
SBA Loan Lender
NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133
This commercial 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.
SIC Code
5499 - Food Stores
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
8/21/2001
Loan Approval Gross Amount
$470,000
Loan Approval from the SBA
Of the total $470,000 loan amount, the SBA guaranteed $285,384.
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 18 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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