Loan to Buy Dairy Queen Franchise Issued By Community W. Bank

Need a loan to purchase a Dairy Queen franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Dairy Queen franchise loans are available to Madison, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community W. Bank, based in Goleta, California, issued an SBA franchise loan for a Dairy Queen franchise in 2000. We've got all the details on this Tennessee small business loan.

SBA Loan Borrower

DAIRY QUEEN BRAZIER
MADISON, TN 37115

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

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.

SIC Code

5812 - Eating Places

Loan Approval Date

4/10/2000

Loan Approval Gross Amount

$830,970

Loan Approval from the SBA

Of the total $830,970 loan amount, the SBA guaranteed $623,227.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Community W. Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Alternative Financing

SBA Participating Banks in Goleta, California

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