Kansas Entrepreneur Secures Financing to Buy Daylight Donut Shop Franchise

Need money to purchase a Daylight Donut Shop franchise? 1st National Bank - Syracuse has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Daylight Donut Shop franchise may simply require a phone call to a local SBA banker. In 2005, 1st National Bank - Syracuse issued an SBA franchise loan to an entrepreneur in Syracuse, Kansas. Because Daylight Donut Shop was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis.

SBA Loan Borrower

DAYLIGHT DONUTS
SYRACUSE, KS 67878

SBA Loan Lender

1ST NATIONAL BANK - SYRACUSE
11 N MAIN ST
SYRACUSE, KS 67878

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/6/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Daylight Donut Shop franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees 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.

We can help you find the best banks for small businesses in Syracuse 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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Kansas SBA 7A Lenders