Borrow Money to Buy a Dunn Bros Coffee Franchise
Borrowing money to buy a Dunn Bros Coffee franchise? Exch National Bank - Jefferson City has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Dunn Bros Coffee franchise? If so, here's a 2005 SBA franchise loan that you should know about. Exch National Bank - Jefferson City was the lender and the entrepreneur was based in Jefferson City, Missouri.
SBA Loan Borrower
DUNN BROS COFFEE
JEFFERSON CITY, MO 65109
SBA Loan Lender
EXCH NATIONAL BANK - JEFFERSON CITY
132 E HIGH ST
JEFFERSON CITY, MO 65101
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
9/30/2005
Loan Approval Gross Amount
$41,000
Loan Approval from the SBA
Of the total $41,000 loan amount, the SBA guaranteed $20,500.
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 8 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Exch National Bank - Jefferson City that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Dunn Brothers Coffee Shops
Business Incubators
Good Banks for Small Business in Jefferson City, Missouri
Getting a Business Loan in Missouri