Loan to Buy Domino's Pizza Franchise Issued By Washington Mutual Bank
Borrowing money to buy a Domino's Pizza franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.
Domino's Pizza franchise loans are available to Fort Worth, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Washington Mutual Bank, based in Houston, Texas, issued an SBA franchise loan for a Domino's Pizza franchise in 2002. We've got all the details on this Texas small business loan.
SBA Loan Borrower
DOMINO'S PIZZA #6216
FORT WORTH, TX 76247
SBA Loan Lender
WASHINGTON MUTUAL BANK
3200 SOUTHWEST FRWY #950
HOUSTON, TX 77027
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to to entrepreneurs who might have trouble getting a conventional bank 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
8/7/2002
Loan Approval Gross Amount
$146,000
Loan Approval from the SBA
Of the total $146,000 loan amount, the SBA guaranteed $124,100.
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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in Fort Worth TX, you ought to talk with a local Fort Worth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Worth businesses.
While you may be able to borrow money from friends and family, 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
Obtaining Funding - Friends and Family
Find an SBA Lender in Houston, Texas
SBA Lenders in Texas