Indiana Entrepreneur Secures Financing to Buy Dairy Queen Franchise

Borrowing money to buy a Dairy Queen franchise? Indiana Bank And Trust has a history of making these loans and they are guaranteed by the SBA.

Dairy Queen franchise loans are available to Symour, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Indiana Bank And Trust, based in Columbus, Indiana, 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

SEYMOUR DAIRY QUEEN
SYMOUR, IN 47274

SBA Loan Lender

INDIANA BANK AND TRUST
3801 TUPELO DR
COLUMBUS, IN 47201

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

722211 - Limited-Service Restaurants

Loan Approval Date

12/29/2000

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 15 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

How Much Venture Capital Is There?

Best Banks in Columbus, Indiana

Getting a Business Loan in Indiana