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November 21, 2024  
 
 
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Where to Get a Small Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy Dunkin Donuts Franchise Issued By Preferred Capital Bidco, Inc.

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.

Dunkin Donuts franchise loans are available to Newark, Delaware entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Preferred Capital Bidco, Inc., based in Wilmington, Delaware, issued an SBA franchise loan for a Dunkin Donuts franchise in 2007. We've got all the details on this Delaware small business loan.

SBA Loan Borrower

DUNKIN DONUTS
NEWARK, DE 19711

SBA Loan Lender

PREFERRED CAPITAL BIDCO, INC.
300 DELAWARE AVENUE, SUITE 13
WILMINGTON, DE 19801

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

3/7/2007

Loan Approval Gross Amount

$687,000

Loan Approval from the SBA

Of the total $687,000 loan amount, the SBA guaranteed $515,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Preferred Capital Bidco, Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Getting a Small Business Loan

SBA Approved Banks in Wilmington, Delaware

Getting an SBA Loan in Delaware