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May 9, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Dairy Queen Loan | ||||
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Business Loans for San Juan Capistrano Businesses
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San Juan Capistrano, CA Entrepreneur Gets SBA Loan to Buy Dairy Queen FranchiseBorrowing money to invest in a Dairy Queen franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA. Dairy Queen franchise loans are available to San Juan Capistrano, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri, issued an SBA franchise loan for a Dairy Queen franchise in 2002. We've got all the details on this California small business loan. SBA Loan Borrower DAIRY QUEEN SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 3/12/2002 Loan Approval Gross Amount $405,000 Loan Approval from the SBA Of the total $405,000 loan amount, the SBA guaranteed $303,750. 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 80 employees. The SBA loan application for the borrower indicated that the loan would help retain 80 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $405,000. How would you spend $405,000 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 Approved Banks in St. Louis, Missouri
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