Irwin Franchise Cap. Corp Provides SBA Loan to Buy Domino's Pizza Franchise
Need a loan to purchase a Domino's Pizza franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Domino's Pizza franchise may simply require a phone call to a local SBA banker. In 2006, Irwin Franchise Cap. Corp issued an SBA franchise loan to an entrepreneur in Loveland, Colorado. Because Domino's Pizza was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis.
SBA Loan Borrower
DOMINO'S PIZZA
LOVELAND, CO 80538
SBA Loan Lender
IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/11/2006
Loan Approval Gross Amount
$273,000
Loan Approval from the SBA
Of the total $273,000 loan amount, the SBA guaranteed $136,500.
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 only one employee. The SBA loan documents indicated that the loan would help generate 24 new jobs and retain 25 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Irwin Franchise Cap. Corp had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Irwin Franchise Cap. Corp made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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
Microlending as a Small Business Funding Source
SBA Participating Banks in Montvale, New Jersey
Getting an SBA Loan in New Jersey