American National Bank Provides SBA Loan to Buy Dairy Queen Franchise
Need a loan to invest in a Dairy Queen franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Omaha, Nebraska needed money to invest in a Dairy Queen franchise back in 2003. American National Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
WESTROADS DAIRY QUEEN/ORANGE J
OMAHA, NE 68114
SBA Loan Lender
AMERICAN NATIONAL BANK
8990 W DODGE RD
OMAHA, NE 68114
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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
12/24/2003
Loan Approval Gross Amount
$45,000
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $38,250.
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 6 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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
Borrowing Money from Friends and Family
Banks in Omaha, Nebraska
Nebraska SBA 7A Lenders