Loan Census Banking News and Information
April 29, 2024  
 
 
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Rbs Citizens Franchise Business Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Honey Dew Donuts Franchise

Need a loan to buy a Honey Dew Donuts franchise? Rbs Citizens 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 2003 SBA franchise loan that you should know about. Rbs Citizens was the lender and the entrepreneur was based in Stoughton, Massachusetts.

SBA Loan Borrower

HONEY DEW DONUTS
STOUGHTON, MA 02072

SBA Loan Lender

RBS CITIZENS
28 STATE ST
BOSTON, MA 02109

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

722110 - Full-Service Restaurants

Loan Approval Date

4/23/2003

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $32,500.

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 37 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 40 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $65,000. How would you spend $65,000 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.

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