Loan to Buy Dunkin Donuts Franchise Issued By Comerica Bank

Need a loan to purchase a Dunkin Donuts franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Dunkin Donuts franchise is doable. In 2005, Comerica Bank issued an SBA franchise loan to an entrepreneur in Jonesboro, Georgia. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

DUNKIN' DONUTS
JONESBORO, GA 30236

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/29/2005

Loan Approval Gross Amount

$1,378,000

Loan Approval from the SBA

Of the total $1,378,000 loan amount, the SBA guaranteed $1,033,500.

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 3 employees. This SBA loan request indicated that the loan would help generate 33 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Jonesboro or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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