Pennsylvania Entrepreneur Secures Financing to Buy Domino's Pizza Franchise
Need money to purchase a Domino's Pizza franchise? The Legacy Bank, A Division Of 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 2002, The Legacy Bank, A Division Of issued an SBA franchise loan to an entrepreneur in State College, Pennsylvania. Because Domino's Pizza was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.
SBA Loan Borrower
DOMINOS PIZZA
STATE COLLEGE, PA 16801
SBA Loan Lender
THE LEGACY BANK, A DIVISION OF
120 W FOURTH ST
WILLIAMSPORT, PA 17701
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/30/2002
Loan Approval Gross Amount
$705,000
Loan Approval from the SBA
Of the total $705,000 loan amount, the SBA guaranteed $528,750.
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 75 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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