Horn BBQ to assume Slow & Low's taxpayer-guaranteed loan says the city of Elk Grove
"What happened at slow and lo? Did the city lose all that cash?"
Although the city of Elk Grove has been evasive in responding to inquiries about the Slow and Low restaurant closure and its effects on a taxpayer-supported loan guarantee, they have provided some information on social media.
In a city of Ek Grove Instagram post yesterday on an unrelated subject, one person asked, "What happened at slow and lo? Did the city lose all that cash?" Today, the city answered the question with the following reply.
Based on the city's answer, Horn Barbeque will assume the original $500,000 given to Slow and Low's owner, David Hargis. It is not known what collateral the Horn organization will use for the loan.
On the social media platform Threads, Horn posted an entry about their takeover of the Slow and Low. Below is their post and an inquiry from Elk Grove News seeking verification.
If Horn responds, this story will be updated.
