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March 29, 2024  
 
 
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How to Get SBA Loans in Cincinnati, Ohio

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Dunkin Donuts Franchise

Need money to buy a Dunkin Donuts franchise? Centerbank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Dunkin Donuts franchise may simply require a phone call to a local SBA banker. In 2005, Centerbank issued an SBA franchise loan to an entrepreneur in Cincinnati, Ohio. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

ALL DAY PITA
CINCINNATI, OH 45251

SBA Loan Lender

CENTERBANK
744 STATE RTE 28
MILFORD, OH 45150

This lender processed this commercial 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

722211 - Limited-Service Restaurants

Loan Approval Date

12/6/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 10 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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

Role of Business Plan When Raising Money

SBA Approved Banks in Milford, Ohio

Ohio SBA 7A Lenders