Loan to Buy Hungry Howie's Franchise Issued By Star Financial Bank

Need money to purchase a Hungry Howie's franchise? Star Financial Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Hungry Howie's franchise? If so, here's a 2006 SBA franchise loan that you should know about. Star Financial Bank was the lender and the entrepreneur was based in Fishers (corporate Name For Fi, Indiana.

SBA Loan Borrower

HUNGRY HOWIE'S INC
FISHERS (CORPORATE NAME FOR FI, IN 46030

SBA Loan Lender

STAR FINANCIAL BANK
127 W BERRY ST
FORT WAYNE, IN 46802

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/11/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Hungry Howie's franchise. At the time of the loan, the company had 21 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 21 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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:

Hungry Howie's Pizza & Subs

The Art of Bootstrapping

Best Banks for Small Business in Fort Wayne, Indiana

SBA Indiana Banks