Borrow Money to Buy a Slack's Hoagie Shack Franchise

Borrowing money to buy a Slack's Hoagie Shack franchise? Centric Bank has a history of making these loans and they are guaranteed by the SBA.

Slack's Hoagie Shack franchise loans are available to Camp Hill,, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Centric Bank, based in Harrisburg, Pennsylvania, issued an SBA franchise loan for a Slack's Hoagie Shack franchise in 2000. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

SLACK'S HOAGIE SHACK
CAMP HILL,, PA 17011

SBA Loan Lender

CENTRIC BANK
3601 VARTAN WAY
HARRISBURG, PA 17110

This lender issued this particular bank 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.

SIC Code

5812 - Eating Places

Loan Approval Date

2/29/2000

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $90,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Slack's Hoagie Shack franchise. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 Centric Bank 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:

Alternative Financing

Small Bank Loans in Harrisburg, Pennsylvania

Getting a Business Loan in Pennsylvania