Ohio Entrepreneur Secures Financing to Buy Dairy Queen Franchise
Borrowing money to purchase a Dairy Queen franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
Dairy Queen franchise loans are available to Ashtabula, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Keybank National Association, based in Cleveland, Ohio, issued an SBA franchise loan for a Dairy Queen franchise in 2008. We've got all the details on this Ohio small business loan.
SBA Loan Borrower
ASHTABULA DAIRY QUEEN, LLC
Ashtabula, OH 44004
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
1/24/2008
Loan Approval Gross Amount
$278,000
Loan Approval from the SBA
Of the total $278,000 loan amount, the SBA guaranteed $208,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Dairy Queen franchise. At the time of the loan, the company
had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $278,000 loan. Remember, things become real when you believe you can achieve them!
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:
Dairy Queen
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SBA 7A Banks for Cleveland, Ohio Loans
Getting a Business Loan in Ohio