Albina Community Bank Provides SBA Loan to Buy Domino's Pizza Franchise
Need money to purchase a Domino's Pizza franchise? Albina Community 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 2007 SBA franchise loan that you should know about. Albina Community Bank was the lender and the entrepreneur was based in Bishop, California.
SBA Loan Borrower
DOMINO'S PIZZA
BISHOP, CA 93514
SBA Loan Lender
ALBINA COMMUNITY BANK
2002 NE MLK JR BLVD
PORTLAND, OR 97212
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/2/2007
Loan Approval Gross Amount
$231,750
Loan Approval from the SBA
Of the total $231,750 loan amount, the SBA guaranteed $115,875.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 application for the borrower indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Albina Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
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