Salin Bank & Trust Company Provides SBA Loan to Buy Domino's Pizza Franchise

Need a loan to purchase a Domino's Pizza franchise? Salin Bank & Trust Company has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lafayette, Indiana needed money to invest in a Domino's Pizza franchise back in 2004. Salin Bank & Trust Company issued an SBA franchise loan. Here are the details on this Indiana small business loan.

SBA Loan Borrower

DOMINO'S PIZZA
LAFAYETTE, IN 47909

SBA Loan Lender

SALIN BANK & TRUST COMPANY
8455 KEYSTONE CROSSING DR, ST
INDIANAPOLIS, IN 46240

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/10/2004

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 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 did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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:

Domino's Pizza

Obtaining Funding - How to Decide How Much to Raise

Best Banks in Indianapolis, Indiana

Find an SBA Lender in Indiana