Ohio Entrepreneur Secures Financing to Buy Donatos Pizza Franchise
Need a loan to purchase a Donatos Pizza franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA.
Donatos Pizza franchise loans are available to Zanesville, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Huntington National Bank, based in Columbus, Ohio, issued an SBA franchise loan for a Donatos Pizza franchise in 2004. We've got all the details on this Ohio small business loan.
SBA Loan Borrower
T & S FOOD INC
ZANESVILLE, OH 43701
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
5/19/2004
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $55,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Donatos Pizza franchise. At the time of the loan, the company
had 23 employees. The loan application indicated that the loan would help retain 23 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Huntington National 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:
Donatos Pizza, Inc.
Dealing With Venture Capitalists
Find an SBA Lender in Columbus, Ohio
SBA Participating Banks in Ohio