Ohio Entrepreneur Secures Financing to Buy Dickey's Barbeque Franchise

Need a loan to invest in a Dickey's Barbeque franchise? The Croghan Colonial Bank has a history of making these loans and they are guaranteed by the SBA.

Dickey's Barbeque franchise loans are available to Sandusky, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Croghan Colonial Bank, based in Fremont, Ohio, issued an SBA franchise loan for a Dickey's Barbeque franchise in 2005. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

DICKEY'S BARBECUE PIT
SANDUSKY, OH 44870

SBA Loan Lender

THE CROGHAN COLONIAL BANK
323 CROGHAN ST
FREMONT, OH 43420

This commercial 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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/22/2005

Loan Approval Gross Amount

$292,000

Loan Approval from the SBA

Of the total $292,000 loan amount, the SBA guaranteed $219,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dickey's Barbeque franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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.

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