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May 14, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Flemington, Business Loans > Commerce Bank Flemington Business Loans > Freshco Inc. Loan | ||||
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SBA 7A Banks in New York
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New York Entrepreneur Secures Financing to Buy Dunkin Donuts FranchiseNeed money to purchase a Dunkin Donuts franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Dunkin Donuts franchise? If so, here's a 2007 SBA franchise loan that you should know about. Commerce Bank was the lender and the entrepreneur was based in South Ozone Park, New York. SBA Loan Borrower FRESHCO INC. SBA Loan Lender COMMERCE BANK 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 445291 - Baked Goods Stores Loan Approval Date 2/23/2007 Loan Approval Gross Amount $1,300,000 Loan Approval from the SBA Of the total $1,300,000 loan amount, the SBA guaranteed $975,000. 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. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in South Ozone Park or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: How Much Venture Capital Is There? SBA 7A Banks for Flemington, New Jersey Loans SBA Participating Banks in New Jersey
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