Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Business Loans for Fresno Small Businesses

 

 
Loan Census SBA Loan Info

Fresno, CA Entrepreneur Gets SBA Loan to Buy Domino's Pizza Franchise

Borrowing money to buy a Domino's Pizza franchise? Greater Bay Bank has a history of making these loans and they are guaranteed by the SBA.

Domino's Pizza franchise loans are available to Fresno, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Greater Bay Bank, based in Palo Alto, California, issued an SBA franchise loan for a Domino's Pizza franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

DOMINO'S PIZZA
FRESNO, CA 93720

SBA Loan Lender

GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

11/23/2005

Loan Approval Gross Amount

$1,440,000

Loan Approval from the SBA

Of the total $1,440,000 loan amount, the SBA guaranteed $1,080,000.

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 49 employees. The SBA loan documents indicated that the loan would help generate 51 new jobs and retain 101 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Greater Bay Bank and they will explain how you can get an SBA loan for your company.

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

SBA Banks in Palo Alto, California

California SBA 7A Banks