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December 19, 2024  
 
 
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Bank Of America SBA Franchise Loans

 

 
Loan Census SBA Loan Info

New Hampshire Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise

Need 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
LONDONDERRY, NH 03053

SBA Loan Lender

BANK OF AMERICA
777 MAIN ST
HARTFORD, CT 06103

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.

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