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May 3, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Boston, Business Loans > Lehman Brothers Bank, Fsb Boston Business Loans > Dunkin' Donuts Loan | ||||
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How to Get SBA Loans in Grafton, Virginia
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Lehman Brothers Bank, Fsb Provides SBA Loan to Buy Dunkin Donuts FranchiseNeed money to buy a Dunkin Donuts franchise? Lehman Brothers Bank, Fsb 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 2000, Lehman Brothers Bank, Fsb issued an SBA franchise loan to an entrepreneur in Grafton, Virginia. Because Dunkin Donuts was registered with the SBA's registry of franchises, this Virginia small business loan was issued on an expedited basis. SBA Loan Borrower DUNKIN' DONUTS SBA Loan Lender LEHMAN BROTHERS BANK, FSB This lender issued this business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 7/25/2000 Loan Approval Gross Amount $615,000 Loan Approval from the SBA Of the total $615,000 loan amount, the SBA guaranteed $461,250. 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 21 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. 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: SBA 7A Lenders in Boston, Massachusetts Massachusetts SBA Bank Lenders
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