Main Street Registry

Slice of Eden LLC

State College, PA · Limited-Service Restaurants · NAICS 722513

Slice of Eden LLC is a limited-service restaurant located in State College, PA, in the industry classified as Limited-Service Restaurants (NAICS 722513). The business was financed with an SBA 7(a) loan for a change of ownership of $1,058,000, approved by TowneBank on May 7, 2025, and the loan is associated with the Domino's Pizza franchise.

SBA 7(a) loan, change of ownership, approved May 7, 2025

$1,058,000 approvedLender: TowneBank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,058,000
SBA-guaranteed amount
$793,500 (75% of the approval)
Lender
TowneBank, Portsmouth, VA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
May 7, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,982 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 9, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Domino's Pizza
Project location
Centre County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 53% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Pennsylvania: $1,636,965.

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 Pennsylvania