Banco Popular North America Provides SBA Loan to Buy Domino's Pizza Franchise
Borrowing money to invest in a Domino's Pizza franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Domino's Pizza franchise may simply require a phone call to a local SBA banker. In 2002, Banco Popular North America 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 32808
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
3/12/2002
Loan Approval Gross Amount
$228,000
Loan Approval from the SBA
Of the total $228,000 loan amount, the SBA guaranteed $171,000.
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 20 employees. The loan application indicated that the loan would help retain 20 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Orlando 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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