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November 15, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Ellsworth, Business Loans > Union Trust Company Ellsworth Business Loans > Wdq Loan | ||||
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Raising Money in Belfast, Maine With SBA Loans
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Loan to Buy Dairy Queen Franchise Issued By Union Trust CompanyBorrowing money to invest in a Dairy Queen franchise? Union Trust Company has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Belfast, Maine needed money to invest in a Dairy Queen franchise back in 2007. Union Trust Company issued an SBA franchise loan. Here are the details on this Maine small business loan. SBA Loan Borrower WDQ SBA Loan Lender UNION TRUST COMPANY This lender processed this SBA 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 11/19/2007 Loan Approval Gross Amount $210,000 Loan Approval from the SBA Of the total $210,000 loan amount, the SBA guaranteed $105,000. 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 12 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. 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 Ellsworth, Maine
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