Mountain Home, AR Entrepreneur Gets SBA Loan to Buy Domino's Pizza Franchise
Need money to purchase a Domino's Pizza franchise? 1st National Bank In Green Forest has a history of making these loans and they are guaranteed by the SBA.
If you live near Mountain Home, Arkansas 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 1st National Bank In Green Forest. 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 OF HARRISON
MOUNTAIN HOME, AR 72601
SBA Loan Lender
1ST NATIONAL BANK IN GREEN FOREST
1106 HWY 65 NORTH
HARRISON, AR 72601
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/23/2003
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 a new business. This loan was used to buy a Domino's Pizza franchise. At the time of the loan, the company
had 15 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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
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Small Business Banks in Harrison, Arkansas
SBA Lenders in Arkansas