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May 17, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Houston, Business Loans > Comerica Bank Houston Business Loans > S And Z, Inc. Dba Dunkin Donuts Loan | ||||
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Tips for Financing a Franchise
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Borrow Money to Buy a Dunkin Donuts FranchiseNeed a loan to invest in a Dunkin Donuts franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Dunkin Donuts franchise is doable. In 2007, Comerica Bank issued an SBA franchise loan to an entrepreneur in West Palm Beach, Florida. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower S AND Z, INC. DBA DUNKIN DONUTS SBA Loan Lender COMERICA BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/27/2007 Loan Approval Gross Amount $372,000 Loan Approval from the SBA Of the total $372,000 loan amount, the SBA guaranteed $279,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company had 14 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs. Start the Process for Getting an SBA Loan Today! If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Dealing With Venture Capitalists SBA 7A Banks in Houston, Texas
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