Colony Bank Southeast Provides SBA Loan to Buy Domino's Pizza Franchise
Need a loan to purchase a Domino's Pizza franchise? Colony Bank Southeast has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Domino's Pizza franchise shouldn't be too tough. In 2007, Colony Bank Southeast issued an SBA franchise loan to an entrepreneur in Fitzgerald, Georgia. Because Domino's Pizza was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.
SBA Loan Borrower
DOMINO'S PIZZA
FITZGERALD, GA 31750
SBA Loan Lender
COLONY BANK SOUTHEAST
625 W WARD ST
DOUGLAS, GA 31533
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
2/21/2007
Loan Approval Gross Amount
$573,500
Loan Approval from the SBA
Of the total $573,500 loan amount, the SBA guaranteed $430,125.
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 120 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 140 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Colony Bank Southeast and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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
Small Business Loan
Where to Get an SBA Loan in Douglas, Georgia
Georgia SBA Bank Lenders