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

Fort Worth, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Dickey's Barbeque Franchise Issued By Business Loan Center, LLC

Need money to invest in a Dickey's Barbeque franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Dickey's Barbeque franchise? If so, here's a 2004 SBA franchise loan that you should know about. Business Loan Center, LLC was the lender and the entrepreneur was based in Fort Worth, Texas.

SBA Loan Borrower

DICKEY'S BARBECUE PIT
FORT WORTH, TX 76132

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

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

722110 - Full-Service Restaurants

Loan Approval Date

8/26/2004

Loan Approval Gross Amount

$1,101,400

Loan Approval from the SBA

Of the total $1,101,400 loan amount, the SBA guaranteed $826,050.

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. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $1,101,400. How would you spend $1,101,400 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.

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Dickey's Barbecue Restaurants, Inc.

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New York SBA Banks