Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Best Banks for Philadelphia, Pennsylvania Small Businesses

 

 
Loan Census SBA Loan Info

Pennsylvania Entrepreneur Secures Financing to Buy Domino's Pizza Franchise

Need a loan to invest in a Domino's Pizza franchise? Valley National Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Philadelphia, Pennsylvania 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 2002 by Valley National Bank. 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 # 3286
PHILADELPHIA, PA 19111

SBA Loan Lender

VALLEY NATIONAL BANK
1334 RTE 22 EAST
NORTH PLAINFIELD, NJ 07060

This lender provides SBA bank 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

7/10/2002

Loan Approval Gross Amount

$295,000

Loan Approval from the SBA

Of the total $295,000 loan amount, the SBA guaranteed $221,250.

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 26 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 26 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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

Financing Your Business

Who Lends Money to Small Businesses in North Plainfield, New Jersey

SBA New Jersey Banks