Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Best Banks for Boyd Small Business Owners

 

 
Loan Census SBA Loan Info

Loan to Buy Dickey's Barbeque Franchise Issued By Community Bank

Need money to buy a Dickey's Barbeque franchise? Community Bank has a history of making these loans and they are guaranteed by the SBA.

Dickey's Barbeque franchise loans are available to Boyd, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Bank, based in Granbury, Texas, issued an SBA franchise loan for a Dickey's Barbeque franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

DICKEY'S BARBECUE
BOYD, TX 76028

SBA Loan Lender

COMMUNITY BANK
500 S MORGAN ST
GRANBURY, TX 76048

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/7/2005

Loan Approval Gross Amount

$355,000

Loan Approval from the SBA

Of the total $355,000 loan amount, the SBA guaranteed $266,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dickey's Barbeque franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 12 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Dickey's Barbecue Restaurants, Inc.

Raising VC Money for Social Networking Companies

SBA 7A Lenders in Granbury, Texas

Getting an SBA Loan in Texas