Amherst, OH Entrepreneur Gets SBA Loan to Buy Domino's Pizza Franchise
Borrowing money to buy a Domino's Pizza 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 Domino's Pizza franchise? If so, here's a 2006 SBA franchise loan that you should know about. Business Loan Center, LLC was the lender and the entrepreneur was based in Amherst, Ohio.
SBA Loan Borrower
DOMINO'S PIZZA
AMHERST, OH 44001
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
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
722211 - Limited-Service Restaurants
Loan Approval Date
12/20/2006
Loan Approval Gross Amount
$163,000
Loan Approval from the SBA
Of the total $163,000 loan amount, the SBA guaranteed $122,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Domino's Pizza franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 20 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Domino's Pizza
Understanding Dilution
SBA 7A Banks in New York, New York
SBA New York Banks