Borrow Money to Buy a Domino's Pizza Franchise
Borrowing money to buy a Domino's Pizza franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Domino's Pizza franchise is doable. In 2004, M&i Marshall & Ilsley Bank issued an SBA franchise loan to an entrepreneur in Watertown, Wisconsin. Because Domino's Pizza was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.
SBA Loan Borrower
JASON SCHEEL
WATERTOWN, WI 53094
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
2/25/2004
Loan Approval Gross Amount
$83,300
Loan Approval from the SBA
Of the total $83,300 loan amount, the SBA guaranteed $62,475.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Domino's Pizza franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like M&i Marshall & Ilsley Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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
Accountant's Role in Securing Financing
Banks in Milwaukee, Wisconsin
Getting an SBA Loan in Wisconsin