Sun City, AZ Entrepreneur Gets SBA Loan to Buy Dairy Queen Franchise
Borrowing money to buy a Dairy Queen franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
If you live near Sun City, Arizona and are interested in buying a Dairy Queen franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Ups Capital Business Credit. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
DAIRY QUEEN #14349
SUN CITY, AZ 85351
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/3/2005
Loan Approval Gross Amount
$1,276,000
Loan Approval from the SBA
Of the total $1,276,000 loan amount, the SBA guaranteed $957,000.
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 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
If you are working on finding money to start a business in Sun City AZ, you ought to talk with a local Sun City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sun City businesses.
This SBA loan was for $1,276,000. How would you spend $1,276,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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
Direct Public Offerings
Small Business Banks in Windsor, Connecticut
Connecticut SBA 7A Lenders