Loan Census Banking News and Information
May 6, 2024  
 
 
  Business Loan Information  
 

Sun City, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

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