SBA lending record
Shane's Rib Shack
5220 NEW FASHION WAY, Charlotte, NC 28278 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$982K
Total SBA financing
1
Loan on record
FY2023
On record
72
Jobs supported
Franchise brand
Shane's Rib Shack
See Shane's Rib Shack's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Shane's Rib Shack your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$982,000 — FY2023
- Gross approval
- $982,000
- SBA guaranteed
- $736,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/29/2023
- First disbursement
- 10/3/2023
- Days to fund
- 4 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First Internet Bank of Indiana
1 loan to this business- Total assets
- $5683.2B
- Deposits
- $4990.7B
- Loans outstanding
- $3774.6B
- Net income
- $4.6B
- Return on assets
- 0.32420038924344846%
- Return on equity
- 4.25%
- Total equity
- $430.0B
- Offices
- 2
- Founded
- 12/2
- Headquarters
- 8701 E 116th St, Fishers, IN, 46038
- FDIC cert
- 34607
- Website
Is Shane's Rib Shack your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Shane's Rib Shack.