First National Bank Provides SBA Loan to Buy Domino's Pizza Franchise
Need money to buy a Domino's Pizza franchise? First National Bank has a history of making these loans and they are guaranteed by the SBA.
Domino's Pizza franchise loans are available to Christiansburg, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank, based in Christiansburg, Virginia, issued an SBA franchise loan for a Domino's Pizza franchise in 2003. We've got all the details on this Virginia small business loan.
SBA Loan Borrower
DOMINO'S PIZZA
CHRISTIANSBURG, VA 24073
SBA Loan Lender
FIRST NATIONAL BANK
105 ARBOR DR
CHRISTIANSBURG, VA 24073
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/16/2003
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
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 62 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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
Direct Public Offerings
Small Business Banks in Christiansburg, Virginia
Getting an SBA Loan in Virginia