First National Bank Of Arizona Provides SBA Loan to Buy Dairy Queen Franchise
Need a loan to buy a Dairy Queen franchise? First National Bank Of Arizona 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 2002, First National Bank Of Arizona issued an SBA franchise loan to an entrepreneur in Henderson, Nevada. Because Dairy Queen was registered with the SBA's registry of franchises, this Nevada small business loan was issued on an expedited basis.
SBA Loan Borrower
DAIRY QUEEN
HENDERSON, NV 89104
SBA Loan Lender
FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
7/5/2002
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 25 employees. The loan application indicated that the loan would help generate 12 new jobs and retain 13 existing jobs.
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.
This SBA loan was for $300,000. How would you spend $300,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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
Obtaining Funding - How to Borrow Money
SBA Participating Banks in Scottsdale, Arizona
Browse All Business Loan Sources for Arizona