Georgia Entrepreneur Secures Financing to Buy Dairy Queen Franchise
Borrowing money to invest in a Dairy Queen franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.
Dairy Queen franchise loans are available to Atlanta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbc Centura Bank, based in Atlanta, Georgia, issued an SBA franchise loan for a Dairy Queen franchise in 2000. We've got all the details on this Georgia small business loan.
SBA Loan Borrower
DAIRY QUEEN
ATLANTA, GA 30303
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
3/16/2000
Loan Approval Gross Amount
$222,000
Loan Approval from the SBA
Of the total $222,000 loan amount, the SBA guaranteed $166,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Dairy Queen franchise. At the time of the loan, the company
had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.
Getting an SBA Loan For Your Business
If you have been wondering how do i get money to start a business in Atlanta GA, you ought to talk with a local Atlanta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Atlanta businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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