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April 28, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Domino's Pizza Loan | ||||
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Business Loans for Wichita Entrepreneurs
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Wichita, KS Entrepreneur Gets SBA Loan to Buy Domino's Pizza FranchiseBorrowing money to buy a Domino's Pizza franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Wichita, Kansas needed money to invest in a Domino's Pizza franchise back in 2004. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Kansas small business loan. SBA Loan Borrower DOMINO'S PIZZA SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/7/2004 Loan Approval Gross Amount $277,500 Loan Approval from the SBA Of the total $277,500 loan amount, the SBA guaranteed $208,125. 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 210 employees. The SBA loan documents indicated that the loan would help generate 25 new jobs and retain 185 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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 Cit Small Business Lending Corp 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks in Livingston, New Jersey
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