 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Indiana Business Loan Sources > Indianapolis, Business Loans > Salin Bank & Trust Company Indianapolis Business Loans > Domino's Pizza Loan | ||||
 |
||||
Lafayette, Indiana Bank for SBA Loans
|
||||
 |
Salin Bank & Trust Company Provides SBA Loan to Buy Domino's Pizza FranchiseNeed a loan to purchase a Domino's Pizza franchise? Salin Bank & Trust Company has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lafayette, Indiana needed money to invest in a Domino's Pizza franchise back in 2004. Salin Bank & Trust Company issued an SBA franchise loan. Here are the details on this Indiana small business loan. SBA Loan Borrower DOMINO'S PIZZA SBA Loan Lender SALIN BANK & TRUST COMPANY This lender issued this particular SBA business 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 722211 - Limited-Service Restaurants Loan Approval Date 11/10/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 65 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours 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: Obtaining Funding - How to Decide How Much to Raise Best Banks in Indianapolis, Indiana
|
|
||
|
||||
|
|
||||