SBA lending record

Chubbys BBQ

238 S CHEROKEE ST, Kings Mountain, NC 28086 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$400K

Total SBA financing

Loans on record

FY2026

On record

Jobs supported

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

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All 2 loans

$200,000 — FY2026

Loan 1 of 2

Gross approval: $200,000
SBA guaranteed: $150,000 (75%)
Status: Committed
Rate at approval: 9.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/27/2026
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Newtek Bank, National Association
Address: 238 S CHEROKEE ST
City: Kings Mountain, 28086
County: Cleveland
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 5

$200,000 — FY2026

Loan 2 of 2

Gross approval: $200,000
SBA guaranteed: $150,000 (75%)
Status: Cancelled
Rate at approval: 9.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/27/2026
Collateral: Required
Jobs supported: 9
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Newtek Bank, National Association
Address: 238 S Cherokee St
City: Kings Mountain, 28086
County: Cleveland
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 5

The lender

Newtek Bank, National Association

2 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.

SBA lenders in North Carolina Lenders for full-service restaurants Full-Service Restaurants lenders in North Carolina

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.

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SBA financing: ≈ $949K–$1.6M
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SBA financing: ≈ $757K–$1.3M
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Seven Sports Bar, Inc

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$350K
SBA financing: ≈ $686K–$1.1M
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E3M Enterprises LLC

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$296K
SBA financing: ≈ $580K–$967K
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Griffin Chophouse Chapin, LLC

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Full-Service Restaurants

$328K
SBA financing: ≈ $642K–$1.1M
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Papa Gios at Cherokee Lakes, LLC

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SBA financing: ≈ $653K–$1.1M
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Agent summary

This page summarizes the public SBA 7(a) lending record for Chubbys BBQ in Kings Mountain, NC (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.

2 SBA 7(a) loans totaling $400K
On record FY2026
19 jobs supported
Industry: Full-Service Restaurants
Location: Kings Mountain, NC
Lender: Newtek Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in NC for ~$200k 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/chubbys-bbq-nc
API:: https://www.capbench.com/api/public/businesses/chubbys-bbq-nc
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.

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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 Chubbys BBQ.