Indiana Entrepreneur Secures Financing to Buy Hungry Howie's Franchise

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

Getting money to buy a Hungry Howie's franchise is doable. In 2006, Star Financial Bank issued an SBA franchise loan to an entrepreneur in Fort Wayne, Indiana. Because Hungry Howie's was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis.

SBA Loan Borrower

HUNGRY HOWIES PIZZA
FORT WAYNE, IN 46804

SBA Loan Lender

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

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

8/4/2006

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 36 employees. The loan application indicated that the loan would help retain 36 existing jobs.

Start the Process for Getting an SBA Loan Today!

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Star Financial Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Hungry Howie's Pizza & Subs

Getting a Small Business Loan

Where to Get an SBA Loan in Fort Wayne, Indiana

Indiana SBA 7A Lenders