Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Good Sources for New Britain SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Domino's Pizza Franchise Issued By Bank Of America

Need a loan to invest in a Domino's Pizza franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Domino's Pizza franchise is doable. In 2000, Bank Of America issued an SBA franchise loan to an entrepreneur in New Britain, Connecticut. Because Domino's Pizza was registered with the SBA's registry of franchises, this Connecticut small business loan was issued on an expedited basis.

SBA Loan Borrower

DOMINOS PIZZA STORE #4001
NEW BRITAIN, CT 06053

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5812 - Eating Places

Loan Approval Date

9/22/2000

Loan Approval Gross Amount

$22,100

Loan Approval from the SBA

Of the total $22,100 loan amount, the SBA guaranteed $11,050.

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 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 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.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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

Small Business Credit Cards

SBA Approved Banks in Providence, Rhode Island

Rhode Island SBA Bank Lenders