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May 17, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Columbia, Business Loans > Umb Bank Columbia Business Loans > Dairy Queen Loan | ||||
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Raising Money in Columbia, Missouri With SBA Loans
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Umb Bank Provides SBA Loan to Buy Dairy Queen FranchiseNeed money to buy a Dairy Queen franchise? Umb Bank has a history of making these loans and they are guaranteed by the SBA. Dairy Queen franchise loans are available to Columbia, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Umb Bank, based in Columbia, Missouri, issued an SBA franchise loan for a Dairy Queen franchise in 2001. We've got all the details on this Missouri small business loan. SBA Loan Borrower DAIRY QUEEN SBA Loan Lender UMB BANK This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/28/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 only one employee. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - Getting Venture Capital Best Columbia, Missouri Banks for Small Business SBA Participating Banks in Missouri
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