Loan to Buy Honey Dew Donuts Franchise Issued By Eastern Bank

Need money to purchase a Honey Dew Donuts franchise? Eastern Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Honey Dew Donuts franchise? If so, here's a 2004 SBA franchise loan that you should know about. Eastern Bank was the lender and the entrepreneur was based in Stoughton (town Of), Massachusetts.

SBA Loan Borrower

HONEY DEW DONUTS
STOUGHTON (TOWN OF), MA 02072

SBA Loan Lender

EASTERN BANK
265 FRANKLIN ST
BOSTON, MA 02110

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

5/4/2004

Loan Approval Gross Amount

$290,460

Loan Approval from the SBA

Of the total $290,460 loan amount, the SBA guaranteed $217,845.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Honey Dew Donuts franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 33 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Honey Dew Donuts

Obtaining Funding - How to Borrow Money

Small Bank Loans in Boston, Massachusetts

Massachusetts SBA 7A Banks