Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Arkansas Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Mountain Home, AR Entrepreneur Gets SBA Loan to Buy Domino's Pizza Franchise

Need money to purchase a Domino's Pizza franchise? 1st National Bank In Green Forest has a history of making these loans and they are guaranteed by the SBA.

If you live near Mountain Home, Arkansas and are interested in buying a Domino's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by 1st National Bank In Green Forest. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

DOMINO'S PIZZA OF HARRISON
MOUNTAIN HOME, AR 72601

SBA Loan Lender

1ST NATIONAL BANK IN GREEN FOREST
1106 HWY 65 NORTH
HARRISON, AR 72601

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/23/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 15 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Debt Financing

Small Business Banks in Harrison, Arkansas

SBA Lenders in Arkansas