Texas Entrepreneur Secures Financing to Buy Dairy Queen Franchise

Borrowing money to buy a Dairy Queen franchise? Mason National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Dairy Queen franchise? If so, here's a 2003 SBA franchise loan that you should know about. Mason National Bank was the lender and the entrepreneur was based in Mason, Texas.

SBA Loan Borrower

MASON DAIRY QUEEN
MASON, TX 76856

SBA Loan Lender

MASON NATIONAL BANK
111 WESTMORELAND
MASON, TX 76856

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/14/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 14 employees. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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

Realistic Debt Financing Options

Banks in Mason, Texas

Texas SBA 7A Lenders