Main Street Registry

Domino's Pizza

Hastings, FL · Limited-Service Restaurants · NAICS 722513

Domino's Pizza, located in Hastings, Florida, operates in the limited-service restaurants industry (NAICS 722513). The business was financed with an SBA 7(a) loan for a change of ownership of $710,000, approved by Seacoast National Bank on March 5, 2024.

SBA 7(a) loan, change of ownership, approved Mar 5, 2024

$710,000 approvedLender: Seacoast National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$710,000
SBA-guaranteed amount
$532,500 (75% of the approval)
Lender
Seacoast National Bank, Stuart, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
March 5, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,680 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
26
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Domino's Pizza
Project location
Saint Johns County, FL
SBA district office
North Florida District Office
Congressional district
FL-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 30% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Florida: $1,808,559.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Florida