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November 15, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Hartford, Business Loans > Bank Of America Hartford Business Loans > Dunkin' Donuts Loan | ||||
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Bank Of America SBA Franchise Loans
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New Hampshire Entrepreneur Secures Financing to Buy Dunkin Donuts FranchiseNeed money to invest in a Dunkin Donuts franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Dunkin Donuts franchise shouldn't be overly burdensome. In 2002, Bank Of America issued an SBA franchise loan to an entrepreneur in Londonderry, New Hampshire. Because Dunkin Donuts was registered with the SBA's registry of franchises, this New Hampshire small business loan was issued on an expedited basis. SBA Loan Borrower DUNKIN' DONUTS SBA Loan Lender BANK OF AMERICA This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA loan requirements. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/27/2002 Loan Approval Gross Amount $718,000 Loan Approval from the SBA Of the total $718,000 loan amount, the SBA guaranteed $538,500. 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 30 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels 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 find other ways to get money to start a business, 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: Dealing With Venture Capitalists Good Banks for Small Business in Hartford, Connecticut Find an SBA Lender in Connecticut
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