Arizona Entrepreneur Secures Financing to Buy Dairy Queen Franchise

Need money to purchase a Dairy Queen franchise? Vantage West Cu has a history of making these loans and they are guaranteed by the SBA.

Dairy Queen franchise loans are available to Vail, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Vantage West Cu, based in Tucson, Arizona, issued an SBA franchise loan for a Dairy Queen franchise in 2007. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

COLLINS' VENTURES, LLC
VAIL, AZ 85641

SBA Loan Lender

VANTAGE WEST CU
2480 N ARCADIA
TUCSON, AZ 85712

This lender issued this bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

8/3/2007

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dairy Queen franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Vantage West Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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