Texas Entrepreneur Secures Financing to Buy Dairy Queen Franchise

Need a loan to invest in a Dairy Queen franchise? Franklin Bank S.S.B. has a history of making these loans and they are guaranteed by the SBA.

Dairy Queen franchise loans are available to Seven Points, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Franklin Bank S.S.B., based in Seven Points, Texas, issued an SBA franchise loan for a Dairy Queen franchise in 2003. We've got all the details on this Texas small business loan.

SBA Loan Borrower

TEDDY'S TREATS ENTERPRISE, LP
SEVEN POINTS, TX 75143

SBA Loan Lender

FRANKLIN BANK S.S.B.
601 E CEDAR CREEK PKWY
SEVEN POINTS, TX 75143

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

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

7/2/2003

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

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 9 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Seven Points 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.

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