Dallas, TX Entrepreneur Gets SBA Loan to Buy Dickey's Barbeque Franchise

Need money to invest in a Dickey's Barbeque franchise? United Central Bank has a history of making these loans and they are guaranteed by the SBA.

Dickey's Barbeque franchise loans are available to Dallas, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, United Central Bank, based in Garland, Texas, issued an SBA franchise loan for a Dickey's Barbeque franchise in 2006. We've got all the details on this Texas small business loan.

SBA Loan Borrower

DICKEY'S BARBEQUE PIT
DALLAS, TX 75218

SBA Loan Lender

UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042

This lender provides SBA small 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

722110 - Full-Service Restaurants

Loan Approval Date

3/31/2006

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dickey's Barbeque franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 9 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $190,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Dickey's Barbecue Restaurants, Inc.

Debt Financing

Small Bank Loans in Garland, Texas

Texas SBA Banks