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November 21, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Honey Dew Donuts Loan | ||||
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Warwick (rr Name Apponaug), Rhode Island Bank Loan
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Capital One Provides SBA Loan to Buy Honey Dew Donuts FranchiseNeed money to buy a Honey Dew Donuts franchise? Capital One has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Warwick (rr Name Apponaug), Rhode Island needed money to invest in a Honey Dew Donuts franchise back in 2003. Capital One issued an SBA franchise loan. Here are the details on this Rhode Island small business loan. SBA Loan Borrower HONEY DEW DONUTS SBA Loan Lender CAPITAL ONE This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 445291 - Baked Goods Stores Loan Approval Date 10/28/2003 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Honey Dew Donuts franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 15 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Capital One are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Related Links: Obtaining Funding - Getting Venture Capital Getting an SBA Loan in Virginia
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