Main Street Registry

Winter Garden Dairy Queen

Winter Garden, FL · Limited-Service Restaurants · NAICS 722513

Winter Garden Dairy Queen is a limited-service restaurant business located in Winter Garden, Florida, in the Limited-Service Restaurants industry. The company was financed with an SBA 7(a) loan for a change of ownership of $2.5 million, approved on April 23, 2024, through SouthState Bank, National Association.

SBA 7(a) loan, change of ownership, approved Apr 23, 2024

$2,525,100 approvedLender: SouthState Bank, National Association206 months termStatus not reported (SBA exemption)Loan details
Gross approval
$2,525,100
SBA-guaranteed amount
$1,893,825 (75% of the approval)
Lender
SouthState Bank, National Association, Winter Haven, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.99%, fixed
Term
17 years, 2 months (206 months)
Estimated maturity
June 23, 2041 (estimated, approval date plus term)
Estimated monthly payment
$22,563 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 23, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
DQ Grill & Chill Operating Agreement (American Dairy Queen)
Project location
Orange County, FL
SBA district office
North Florida District Office
Congressional district
FL-10
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 89% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida