Loan to Buy Dunn Bros Coffee Franchise Issued By Citizens Independent Bank

Need a loan to buy a Dunn Bros Coffee franchise? Citizens Independent Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Minnetonka, Minnesota needed money to invest in a Dunn Bros Coffee franchise back in 2006. Citizens Independent Bank issued an SBA franchise loan. Here are the details on this Minnesota small business loan.

SBA Loan Borrower

DUNN BROTHERS EXPRESS
MINNETONKA, MN 55305

SBA Loan Lender

CITIZENS INDEPENDENT BANK
5000 W 36TH ST
SAINT LOUIS PARK, MN 55416

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

445299 - Specialty Food Stores

Loan Approval Date

10/16/2006

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

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 9 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Minnetonka MN, you ought to talk with a local Minnetonka SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Minnetonka businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Independent Bank and they will explain how you can get an SBA loan for your company.

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:

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