Factual error: The scene in Eddie's bedroom takes place in 1977. The Cheryl Tiegs poster came out in 1978. (00:12:12)
Factual error: While Dirk and Reed are running from Rahad's house, and trying to get into Dirk's 'Vette, Rahad fires a shotgun at them. One shot hits the driver's window, which shatters, then a shot at the back of the car showers sparks. Corvettes are fiberglass-bodied, and wouldn't spark. After the sparks, there is no damage to the rear bumper cover, which if really hit with a shotgun blast would at least put some holes in the fiberglass.
Factual error: At the 'Goodbye 70's/Hello 80's' New Year's Eve party, Reed Rothchild asks Todd Parker if he got off work for the evening. Todd responds, 'don't dance Sunday nights.' Unfortunately, New Year's Eve (12/31/79) fell on a Monday that year.
Factual error: At the end of the movie in the pickup truck, You can see a sign for "Rent-A-Center" in the background. The sign is the new logo of the company, At the time when this was set the colors of the sign should have been brown and yellow.
Factual error: In the scene where Dirk Diggler and Reed Rothchild work in the recording studio to cut their record, Dirk sings a song called "The Touch." However this particular song did not actually come into being until 1985 when Stan Bush wrote and recorded it for use in "Transformers: The Movie."
Answer: No - it is implied he put the money into his bank account, qualifying him for a loan. In the time the film is set, that is certainly possible.
Yeah but wasn't he denied a business loan earlier in the film?
Perhaps with the donut money, he was able to qualify for a loan in a lesser amount, or the added money in his bank account raised his creditworthiness.