Arkansas Entrepreneur Secures Financing to Buy Domino's Pizza Franchise
Need money to invest in a Domino's Pizza franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in North Little Rock, Arkansas needed money to invest in a Domino's Pizza franchise back in 2005. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
DOMINO'S PIZZA
NORTH LITTLE ROCK, AR 72216
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
12/27/2005
Loan Approval Gross Amount
$596,000
Loan Approval from the SBA
Of the total $596,000 loan amount, the SBA guaranteed $447,000.
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 23 employees. The loan application indicated that the loan would help generate 52 new jobs and retain 23 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in North Little Rock or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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