Watertown, NY Entrepreneur Gets SBA Loan to Buy Dunkin Donuts Franchise

Need a loan to invest in a Dunkin Donuts franchise? Watertown Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Dunkin Donuts franchise loans are available to Watertown, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Watertown Savings Bank, based in Watertown, New York, issued an SBA franchise loan for a Dunkin Donuts franchise in 2002. We've got all the details on this New York small business loan.

SBA Loan Borrower

DUNKIN' DONUTS AND BASKIN ROBB
WATERTOWN, NY 13601

SBA Loan Lender

WATERTOWN SAVINGS BANK
111 CLINTON ST
WATERTOWN, NY 13601

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

6/4/2002

Loan Approval Gross Amount

$162,000

Loan Approval from the SBA

Of the total $162,000 loan amount, the SBA guaranteed $121,500.

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 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $162,000. How would you spend $162,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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

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SBA Participating Banks in Watertown, New York

Getting a Business Loan in New York