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May 3, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Pottstown, Business Loans > Susquehanna Bank Dv Pottstown Business Loans > Dominos Pizza Loan | ||||
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Where to Get a Business Loan to Purchase a Franchise
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Pennsylvania Entrepreneur Secures Financing to Buy Domino's Pizza FranchiseNeed money to purchase a Domino's Pizza franchise? Susquehanna Bank Dv has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Domino's Pizza franchise? If so, here's a 2003 SBA franchise loan that you should know about. Susquehanna Bank Dv was the lender and the entrepreneur was based in Reading, Pennsylvania. SBA Loan Borrower DOMINOS PIZZA SBA Loan Lender SUSQUEHANNA BANK DV This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 11/7/2003 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 65 employees. This SBA loan request indicated that the loan would help retain 65 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. We can help you find the best banks for small businesses in Reading or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Determining Proper Capital Structure for a Business Small Business Banks in Pottstown, Pennsylvania
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