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