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May 3, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > Wheeling, Business Loans > Progressive Bank Wheeling Business Loans > Domino's Pizza Loan | ||||
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Business Loans for St. Marys Businesses
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Progressive Bank Provides SBA Loan to Buy Domino's Pizza FranchiseNeed a loan to buy a Domino's Pizza franchise? Progressive 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 2000, Progressive Bank issued an SBA franchise loan to an entrepreneur in St. Marys, West Virginia. Because Domino's Pizza was registered with the SBA's registry of franchises, this West Virginia small business loan was issued on an expedited basis. SBA Loan Borrower DOMINO'S PIZZA SBA Loan Lender PROGRESSIVE BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/29/2000 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $28,000. 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 4 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding - How to Decide How Much to Raise Best Banks for Small Business in Wheeling, West Virginia
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