Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Florida Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Orange Park, FL Entrepreneur Gets SBA Loan to Buy Domino's Pizza Franchise

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

Domino's Pizza franchise loans are available to Orange Park, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Orlando National Bank, based in Longwood, Florida, issued an SBA franchise loan for a Domino's Pizza franchise in 2001. We've got all the details on this Florida small business loan.

SBA Loan Borrower

DOMINO'S PIZZA
ORANGE PARK, FL 32073

SBA Loan Lender

ORLANDO NATIONAL BANK
502 N HWY 17-92
LONGWOOD, FL 32750

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

311811 - Retail Bakeries

Loan Approval Date

5/4/2001

Loan Approval Gross Amount

$387,000

Loan Approval from the SBA

Of the total $387,000 loan amount, the SBA guaranteed $290,250.

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 22 employees. This SBA loan request indicated that the loan would help generate 13 new jobs and retain 22 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Orlando National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Financing Your Business

Banks in Longwood, Florida

SBA Lenders in Florida