Loan to Buy Domino's Pizza Franchise Issued By Irwin Franchise Cap. Corp
Borrowing money to buy a Domino's Pizza franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Domino's Pizza franchise shouldn't be overly burdensome. In 2006, Irwin Franchise Cap. Corp issued an SBA franchise loan to an entrepreneur in Orlando, Florida. Because Domino's Pizza was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.
SBA Loan Borrower
DOMINO'S PIZZA
ORLANDO, FL 32806
SBA Loan Lender
IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
11/9/2006
Loan Approval Gross Amount
$242,500
Loan Approval from the SBA
Of the total $242,500 loan amount, the SBA guaranteed $121,250.
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 15 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 20 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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 Irwin Franchise Cap. Corp 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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