Borrow Money to Buy a Domino's Pizza Franchise
Need a loan to buy a Domino's Pizza franchise? Anchorbank, Fsb has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Domino's Pizza franchise requires some effort but others before you have been successful. In 2002, Anchorbank, Fsb issued an SBA franchise loan to an entrepreneur in New Richmond, Wisconsin. Because Domino's Pizza was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.
SBA Loan Borrower
DOMINIO'S PIZZA
NEW RICHMOND, WI 54017
SBA Loan Lender
ANCHORBANK, FSB
355 S KNOWLES AVE
NEW RICHMOND, WI 54017
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
8/28/2002
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
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 10 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Anchorbank, Fsb and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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.
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