Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Oostburg State Bank · Lender record →

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Wylde Parsley, LLC in Joelton, TN — $735K (2021) · The Huntington National Bank

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $661K (90%)
Approved: 8/16/2021
Loan status: Cancelled
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 11
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants

Funded by The Huntington National Bank · Lender record →

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A Joint Effort, Inc. in Houston, TX — $676K (2021) · Beacon Bank and Trust

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 134 months
SBA guaranteed: $608K (90%)
Approval → funding: 19 days
Approved: 3/12/2021
First disbursed: 3/31/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 32
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants

Funded by Beacon Bank and Trust · Lender record →

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Mary Jane Restaurants LLC in Milwaukee, WI — $670K (2021) · Oostburg State Bank

Program: Preferred Lenders Program
Rate at approval: 4.75% fixed
Term: 126 months
SBA guaranteed: $603K (90%)
Approval → funding: 8 days
Approved: 3/9/2021
First disbursed: 3/17/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 11
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants

Funded by Oostburg State Bank · Lender record →

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Tava Lou Inc in Baton Rouge, LA — $500K (2021) · Gulf Coast Bank and Trust Company

Program: Preferred Lenders Program
Rate at approval: 6% variable
Term: 126 months
SBA guaranteed: $375K (75%)
Approval → funding: 87 days
Approved: 12/13/2020
First disbursed: 3/10/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 20
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants

Funded by Gulf Coast Bank and Trust Company · Lender record →

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Wylde Parsley, LLC in Joelton, TN — $50K (2021) · The Huntington National Bank

Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Rate at approval: 5.75% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $38K (75%)
Approved: 8/16/2021
Loan status: Committed
Loan type: Revolving line
Collateral: Required
Business type: Corporation
Jobs supported: 11
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants

Funded by The Huntington National Bank · Lender record →

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Brashear Enterprises LLC in Orlando, FL — $610K (2020) · Beacon Bank and Trust

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $458K (75%)
Approval → funding: 82 days
Approved: 8/10/2020
First disbursed: 10/31/2020
Loan status: Paid in full (12/31/2022)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 38
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants

Funded by Beacon Bank and Trust · Lender record →

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How to finance a Cheba Hut

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Deal economics— what it takes to buy & finance Cheba Hut