Buffalo, NY Entrepreneur Gets SBA Loan to Buy Domino's Pizza Franchise

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

An entrepreneur in Buffalo, New York needed money to invest in a Domino's Pizza franchise back in 2001. Bank Of America issued an SBA franchise loan. Here are the details on this New York small business loan.

SBA Loan Borrower

DOMINO'S PIZZA
BUFFALO, NY 14216

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

722110 - Full-Service Restaurants

Loan Approval Date

12/11/2001

Loan Approval Gross Amount

$84,100

Loan Approval from the SBA

Of the total $84,100 loan amount, the SBA guaranteed $42,050.

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 25 employees. The loan application indicated that the loan would help retain 25 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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