Michigan Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise
Borrowing money to purchase a Dunkin Donuts franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Dunkin Donuts franchise? If so, here's a 2003 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in Pontiac, Michigan.
SBA Loan Borrower
DUNKIN DONUTS/BASKINS ROBBINS
PONTIAC, MI 48341
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445291 - Baked Goods Stores
Loan Approval Date
8/26/2003
Loan Approval Gross Amount
$465,000
Loan Approval from the SBA
Of the total $465,000 loan amount, the SBA guaranteed $348,750.
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 only one employee. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 3 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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