Iowa Entrepreneur Secures Financing to Buy Domino's Pizza Franchise
Need money to invest in a Domino's Pizza franchise? Citizens State Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Fort Dodge, Iowa and are interested in buying a Domino's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Citizens State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
DOMINO'S PIZZA
FORT DODGE, IA 50501
SBA Loan Lender
CITIZENS STATE BANK
130 N 29TH ST
FORT DODGE, IA 50501
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
711110 - Theater Companies and Dinner Theaters
Loan Approval Date
9/9/2003
Loan Approval Gross Amount
$131,000
Loan Approval from the SBA
Of the total $131,000 loan amount, the SBA guaranteed $111,350.
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 20 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $131,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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
Business Line of Credit
SBA 7A Banks in Fort Dodge, Iowa
Getting an SBA Loan in Iowa