Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Rbs Citizens SBA 7A Franchise Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Domino's Pizza Franchise

Need a loan to buy a Domino's Pizza franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.

Domino's Pizza franchise loans are available to Bennington, Vermont entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbs Citizens, based in Rutland, Vermont, issued an SBA franchise loan for a Domino's Pizza franchise in 2000. We've got all the details on this Vermont small business loan.

SBA Loan Borrower

DOMINO'S PIZZA
BENNINGTON, VT 05201

SBA Loan Lender

RBS CITIZENS
47 MERCHANTS ROW
RUTLAND, VT 05701

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

8/17/2000

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $72,000.

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 14 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This SBA loan was for $90,000. How would you spend $90,000 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:

Domino's Pizza

Debt Financing

Small Bank Loans in Rutland, Vermont

Getting a Business Loan in Vermont