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November 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Kokomo, Business Loans > First Farmers Bank And Trust Kokomo Business Loans > Dairy Queen - Kokomo Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Loan to Buy Dairy Queen Franchise Issued By First Farmers Bank And TrustNeed a loan to purchase a Dairy Queen franchise? First Farmers Bank And Trust has a history of making these loans and they are guaranteed by the SBA. Dairy Queen franchise loans are available to Noblesville, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Farmers Bank And Trust, based in Kokomo, Indiana, issued an SBA franchise loan for a Dairy Queen franchise in 2002. We've got all the details on this Indiana small business loan. SBA Loan Borrower DAIRY QUEEN - KOKOMO SBA Loan Lender FIRST FARMERS BANK AND TRUST This SBA bank 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 4/5/2002 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. 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 15 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Noblesville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Family and Friend Investors - Your First Financiers SBA Participating Banks in Kokomo, Indiana Where to Get an SBA Loan Indiana
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