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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Plano, Business Loans > Beal Bank, D/b/a Beal Bank Plano Business Loans > Dairy Queen Loan | ||||
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Good Banks for Greenacres Franchisees
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Greenacres, FL Entrepreneur Gets SBA Loan to Buy Dairy Queen FranchiseNeed money to invest in a Dairy Queen franchise? Beal Bank, D/b/a Beal Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Dairy Queen franchise may simply require a phone call to a local SBA banker. In 2000, Beal Bank, D/b/a Beal Bank issued an SBA franchise loan to an entrepreneur in Greenacres, Florida. Because Dairy Queen was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower DAIRY QUEEN SBA Loan Lender BEAL BANK, D/B/A BEAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 7/6/2000 Loan Approval Gross Amount $212,500 Loan Approval from the SBA Of the total $212,500 loan amount, the SBA guaranteed $159,375. 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 11 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Beal Bank, D/b/a Beal Bank and they will explain how you can get an SBA loan for your company. 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: Accountant's Role in Securing Financing SBA 7A Lenders in Plano, Texas
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