Delaware Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise
Borrowing money to invest in a Dunkin Donuts franchise? Preferred Capital Bidco, Inc. has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Dunkin Donuts franchise may simply require a phone call to a local SBA banker. In 2005, Preferred Capital Bidco, Inc. issued an SBA franchise loan to an entrepreneur in Newark, Delaware. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Delaware small business loan was issued on an expedited basis.
SBA Loan Borrower
DUNKIN' DONUTS
NEWARK, DE 19711
SBA Loan Lender
PREFERRED CAPITAL BIDCO, INC.
300 DELAWARE AVENUE, SUITE 13
WILMINGTON, DE 19801
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311812 - Commercial Bakeries
Loan Approval Date
3/28/2005
Loan Approval Gross Amount
$1,140,000
Loan Approval from the SBA
Of the total $1,140,000 loan amount, the SBA guaranteed $855,000.
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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Dunkin' Donuts
Obtaining Funding - How to Decide How Much to Raise
SBA 7A Banks in Wilmington, Delaware
Getting a Business Loan in Delaware