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April 23, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Dairy Queen Of Hueytown Loan | ||||
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I Need Commercial Loans to Buy a Franchise in Bessemer, Alabama
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Bessemer, AL Entrepreneur Gets SBA Loan to Buy Dairy Queen FranchiseBorrowing money to purchase a Dairy Queen franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Dairy Queen franchise? If so, here's a 2005 SBA franchise loan that you should know about. Wachovia Sba Lending, Inc. was the lender and the entrepreneur was based in Bessemer, Alabama. SBA Loan Borrower DAIRY QUEEN OF HUEYTOWN SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 6/29/2005 Loan Approval Gross Amount $662,000 Loan Approval from the SBA Of the total $662,000 loan amount, the SBA guaranteed $496,500. 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 21 employees. This SBA loan request indicated that the loan would help retain 21 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $662,000. How would you spend $662,000 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: SBA Banks in Roseville, California
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