Loan to Buy Dunn Bros Coffee Franchise Issued By Park Midway Bank
Borrowing money to invest in a Dunn Bros Coffee franchise? Park Midway Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Dunn Bros Coffee franchise is doable. In 2007, Park Midway Bank issued an SBA franchise loan to an entrepreneur in Hudson, Wisconsin. Because Dunn Bros Coffee was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.
SBA Loan Borrower
DUNN BROS COFFEE FRANCHISING,
HUDSON, WI 54016
SBA Loan Lender
PARK MIDWAY BANK
2171 UNIVERSITY AVE WEST
SAINT PAUL, MN 55114
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
8/30/2007
Loan Approval Gross Amount
$511,300
Loan Approval from the SBA
Of the total $511,300 loan amount, the SBA guaranteed $383,475.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Dunn Bros Coffee franchise. At the time of the loan, the company
had 35 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 35 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
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