Derby Treat LLC
Derby Treat LLC, located in Derby, Kansas, operates in the limited-service restaurants industry (NAICS 722513). The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $950,000 approved by Live Oak Banking Company on March 31, 2026, and the loan is associated with a DQ Grill & Chill franchise operating agreement.
SBA 7(a) loan, change of ownership, approved Mar 31, 2026
$950,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $950,000
- SBA-guaranteed amount
- $712,500 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 31, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,526 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 23, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 45
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- DQ Grill & Chill Operating Agreement (American Dairy Queen)
- Project location
- Sedgwick County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 46% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Kansas: $1,491,022.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Kansas
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- Andover Treat LLC, Andover