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December 19, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Zanesville, Business Loans > The Huntington National Bank Zanesville Business Loans > Sheridan Dairy Queen Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Sheridan, IN Entrepreneur Gets SBA Loan to Buy Dairy Queen FranchiseBorrowing money to invest in a Dairy Queen franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA. Dairy Queen franchise loans are available to Sheridan, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Huntington National Bank, based in Zanesville, Ohio, issued an SBA franchise loan for a Dairy Queen franchise in 2000. We've got all the details on this Indiana small business loan. SBA Loan Borrower SHERIDAN DAIRY QUEEN SBA Loan Lender THE HUNTINGTON NATIONAL BANK 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. SIC Code 5812 - Eating Places Loan Approval Date 4/12/2000 Loan Approval Gross Amount $535,000 Loan Approval from the SBA Of the total $535,000 loan amount, the SBA guaranteed $401,250. 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 18 employees. The SBA loan application for the borrower indicated that the loan would help retain 18 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:
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