New Jersey Entrepreneur Secures Financing to Buy Dunkin Donuts Franchise
Need money to purchase a Dunkin Donuts franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.
Dunkin Donuts franchise loans are available to Roseland, New Jersey entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Washington Mutual Bank, based in Henderson, Nevada, issued an SBA franchise loan for a Dunkin Donuts franchise in 2003. We've got all the details on this New Jersey small business loan.
SBA Loan Borrower
DUNKIN' DONUTS
ROSELAND, NJ 07068
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
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
722211 - Limited-Service Restaurants
Loan Approval Date
10/20/2003
Loan Approval Gross Amount
$228,000
Loan Approval from the SBA
Of the total $228,000 loan amount, the SBA guaranteed $171,000.
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 only one employee. This SBA loan request indicated that the loan would help generate 29 new jobs and retain 30 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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
Business Cash Advances
Banks in Henderson, Nevada
Getting an SBA Loan in Nevada