Borrow Money to Buy a Dairy Queen Franchise

Need a loan to invest in a Dairy Queen franchise? Community Bank Of Nevada has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in North Las Vegas, Nevada needed money to invest in a Dairy Queen franchise back in 2004. Community Bank Of Nevada issued an SBA franchise loan. Here are the details on this Nevada small business loan.

SBA Loan Borrower

DBA DAIRY QUEEN
NORTH LAS VEGAS, NV 89032

SBA Loan Lender

COMMUNITY BANK OF NEVADA
400 S 4TH ST, STE 215
LAS VEGAS, NV 89101

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/5/2004

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dairy Queen franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Bank Of Nevada are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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