Compass Bank Provides SBA Loan to Buy Domino's Pizza Franchise

Need a loan to buy a Domino's Pizza franchise? Compass Bank 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 2000 SBA franchise loan that you should know about. Compass Bank was the lender and the entrepreneur was based in Austin, Texas.

SBA Loan Borrower

DOMINO'S PIZZA
AUSTIN, TX 78734

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/7/2000

Loan Approval Gross Amount

$220,700

Loan Approval from the SBA

Of the total $220,700 loan amount, the SBA guaranteed $165,525.

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 20 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 20 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours 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 Participating Banks in Birmingham, Alabama

Getting a Business Loan in Alabama