SBA lending record

37 WAFFLES DEVELOPMENT CO LLC

11049 MAGNOLIA BLVD STE 107, North Hollywood, CA 91601 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.9M

Total SBA financing

Loans on record

FY2023

On record

Jobs supported

Franchise brand

Cheba Hut

See Cheba Hut's SBA financing data — typical deal, failure rate, and how its loans perform →

● business — business location is the ZIP-area centroid from the public record

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All 3 loans

$944,200 — FY2023

Loan 1 of 3

Gross approval: $944,200
SBA guaranteed: $472,100 (50%)
Status: Cancelled
Rate at approval: 10.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/26/2023
Collateral: None
Jobs supported: 31
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Cheba Hut
Franchise code: S0363
Lender: The Huntington National Bank
Address: 11049 MAGNOLIA BLVD STE 107
City: North Hollywood, 91601
County: Los Angeles
SBA district office: LOS ANGELES DISTRICT OFFICE
Congressional district: 29

$944,200 — FY2023

Loan 2 of 3

Gross approval: $944,200
SBA guaranteed: $708,150 (75%)
Status: Current
Rate at approval: 10.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/26/2023
First disbursement: 7/28/2023
Days to fund: 2 days
Collateral: None
Jobs supported: 31
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Cheba Hut
Franchise code: S0363
Lender: The Huntington National Bank
Address: 11049 MAGNOLIA BLVD STE 107
City: North Hollywood, 91601
County: Los Angeles
SBA district office: LOS ANGELES DISTRICT OFFICE
Congressional district: 29

$50,000 — FY2023

Loan 3 of 3

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Current
Rate at approval: 10.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/26/2023
First disbursement: 8/7/2023
Days to fund: 12 days
Collateral: Required
Jobs supported: 31
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Cheba Hut
Franchise code: S0363
Lender: The Huntington National Bank
Address: 11049 MAGNOLIA BLVD STE 107
City: North Hollywood, 91601
County: Los Angeles
SBA district office: LOS ANGELES DISTRICT OFFICE
Congressional district: 29

The lender

The Huntington National Bank

3 loans to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry, and brand.

SBA lenders in California Lenders for full-service restaurants Full-Service Restaurants lenders in California Cheba Hut lenders Cheba Hut lenders in California

Other Cheba Hut locations

Other Cheba Hut businesses in the public SBA record — closest first, by location and deal size.

MYLES 4, INC.

Ontario, CA· ~44 mi

Cheba Hut

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

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Mary Jane Restaurants LLC

Milwaukee, WI· ~1745 mi

Cheba Hut

$1.8M
SBA financing: ≈ $3.6M–$6.0M
Est. revenue (rough)

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Wylde Parsley, LLC

Joelton, TN· ~1773 mi

Cheba Hut

$1.8M
SBA financing: ≈ $3.6M–$5.9M
Est. revenue (rough)

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Cheba Hut 'Toasted' Subs

Clarksville, TN· ~1748 mi

Cheba Hut

$1.4M
SBA financing: ≈ $2.8M–$4.7M
Est. revenue (rough)

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Big Toasted Mon 7 LLC

Bernalillo, NM· ~675 mi

Cheba Hut

$1.0M
SBA financing: ≈ $2.0M–$3.4M
Est. revenue (rough)

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Phat Subz LLC

Mckinney, TX· ~1247 mi

Cheba Hut

$877K
SBA financing: ≈ $1.7M–$2.9M
Est. revenue (rough)

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Similar businesses

Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

WAH GWAAN JAMAICAN KITCHEN & BAR

Los Angeles, CA· ~11 mi

Full-Service Restaurants

$3.0M
SBA financing: ≈ $5.9M–$9.8M
Est. revenue (rough)

View record

VITO HOSPITALITY, INC.

Santa Monica, CA· ~11 mi

Full-Service Restaurants

$2.7M
SBA financing: ≈ $5.4M–$8.9M
Est. revenue (rough)

View record

Sonsonate Grill; Sonsonate Grill Restaurante

Los Angeles, CA· ~12 mi

Full-Service Restaurants

$1.2M
SBA financing: ≈ $2.3M–$3.9M
Est. revenue (rough)

View record

Fiesta Martin Manchester LLC

Inglewood, CA· ~13 mi

Full-Service Restaurants

$2.3M
SBA financing: ≈ $4.5M–$7.5M
Est. revenue (rough)

View record

Mindy Lopez Trust

Paramount, CA· ~21 mi

Full-Service Restaurants

$1.7M
SBA financing: ≈ $3.4M–$5.6M
Est. revenue (rough)

View record

L.A. SANTA ROSA RESTAURANT INC.

Los Angeles, CA· ~12 mi

Full-Service Restaurants

$1.2M
SBA financing: ≈ $2.3M–$3.8M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for 37 WAFFLES DEVELOPMENT CO LLC in North Hollywood, CA (Full-Service Restaurants). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

3 SBA 7(a) loans totaling $1.9M
On record FY2023
93 jobs supported
Industry: Full-Service Restaurants
Location: North Hollywood, CA
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in CA for ~$646k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/37-waffles-development-co-llc-ca
API:: https://www.capbench.com/api/public/businesses/37-waffles-development-co-llc-ca
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

Is 37 WAFFLES DEVELOPMENT CO LLC your business?

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 37 WAFFLES DEVELOPMENT CO LLC.