Borrow Money to Buy a Domino's Pizza Franchise
Need a loan to purchase a Domino's Pizza franchise? First Citizens Bank Of Butte 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 2004 SBA franchise loan that you should know about. First Citizens Bank Of Butte was the lender and the entrepreneur was based in Butte, Montana.
SBA Loan Borrower
DOMINO'S PIZZA
BUTTE, MT 59701
SBA Loan Lender
FIRST CITIZENS BANK OF BUTTE
3220 HARRISON AVE
BUTTE, MT 59701
This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
10/18/2004
Loan Approval Gross Amount
$114,400
Loan Approval from the SBA
Of the total $114,400 loan amount, the SBA guaranteed $97,240.
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 15 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Citizens Bank Of Butte that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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Domino's Pizza
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Best Butte, Montana Banks for Small Business
SBA Montana Lenders