Skrimp Shack, by the numbers

Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S2272)

4 deals since 2020 · typical deal $250K

Deals since 2020

$250K

Typical deal

Deals since FY2025

—

Too few deals to score risk

Skrimp Shack has 4 SBA deals on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for Skrimp Shack

Most Skrimp Shack deals financed between $59K and $663K. Above $663K, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$250K

Monthly payment (10-yr): $3,696
Down payment (10%): $28K
Cash to close (all-in): $37K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$37K)

Experience

Recent financings

LEVELGROUNDNORFOLK, LLC in Norfolk, VA — $663K (2021) · purchase · First National Bank of Pennsylvania
Program
Preferred Lenders Program
Rate at approval
6.75% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$497K (75%)
Approval → funding
35 days
Approved
11/4/2020
First disbursed
12/9/2020
Loan status
Paid in full (3/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
5
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$737K
Est. down payment (10%)
$74K
Est. cash at closing
$99K
Monthly payment
$7,616
Annual debt service
$91K
Cash flow needed (1.25×)
$114K
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 First National Bank of Pennsylvania · Lender record →
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LEVELGROUNDNORFOLK, LLC in Norfolk, VA — $50K (2021) · purchase · First National Bank of Pennsylvania
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approval → funding
35 days
Approved
11/4/2020
First disbursed
12/9/2020
Loan status
Paid in full (3/31/2024)
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$56K
Est. down payment (10%)
$6K
Est. cash at closing
$7K
Monthly payment
$555
Annual debt service
$7K
Cash flow needed (1.25×)
$8K
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 First National Bank of Pennsylvania · Lender record →
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Brandon L. Dotson LLC in Augusta, GA — $250K (2020) · Georgia's Own Credit Union
Program
7a General
Rate at approval
7.5% variable
Term
96 mo (8 yrs)
SBA guaranteed
$188K (75%)
Approval → funding
179 days
Approved
3/5/2020
First disbursed
8/31/2020
Loan status
Failed — $269K charged off (1/10/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
13
Business age
Unanswered
Industry
Limited-Service Restaurants
Funded by Georgia's Own Credit Union · Lender record →
Your business? Claim this record · Request removal
BAXTER VENTURES LLC in Manassas, VA — $59K (2020) · BayPort Federal Credit Union
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
8% fixed
Term
60 mo (5 yrs)
SBA guaranteed
$30K (50%)
Approval → funding
34 days
Approved
5/27/2020
First disbursed
6/30/2020
Loan status
Paid in full (9/30/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
25
Business age
New Business or 2 years or less
Industry
Limited-Service Restaurants
Funded by BayPort Federal Credit Union
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Who funds Skrimp Shack — and where

Every dot is a financed Skrimp Shack — 4 mapped.

Financed Skrimp Shack locations — list all 4 as text

BAXTER VENTURES LLC — Manassas · $59K · FY2020 · Limited-Service Restaurants
LEVELGROUNDNORFOLK, LLC — Norfolk · $663K · FY2021 · Limited-Service Restaurants
LEVELGROUNDNORFOLK, LLC — Norfolk · $50K · FY2021 · Limited-Service Restaurants
Brandon L. Dotson LLC — Augusta · $250K · FY2020 · Limited-Service Restaurants

Top lenders for this brand

1.First National Bank of Pennsylvania(2)
2.BayPort Federal Credit Union (1)
3.Georgia's Own Credit Union(1)

Most active states

1.Virginia (3 loans)
2.Georgia (1 loans)

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Insider move

Start with the lenders above — a bank that's funded Skrimp Shack 2 times already knows the unit economics and approves faster than one learning the brand on your file.

Who should reach out?

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision. We'll introduce you to your pick or a comparable Skrimp Shack lending specialist.

Common questions

How much does a Skrimp Shack cost to buy or open?

The typical deal for Skrimp Shack is $250K across 4 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $28K of buyer cash on a typical deal.

How risky is Skrimp Shack?

Skrimp Shack has 4 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a Skrimp Shack with an SBA loan?

Yes — Skrimp Shack has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a Skrimp Shack franchise

Most Skrimp Shack buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Skrimp Shack deal financed for $250K, which points to about $28K of buyer cash on a typical purchase. Skrimp Shack is listed in the SBA Franchise Directory (identifier S2272), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Skrimp Shack — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for Skrimp Shack — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for Skrimp Shack — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Skrimp Shack is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

4 SBA 7(a) deals since 2020
$250K typical deal
0 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S2272)
Top lenders: First National Bank of Pennsylvania, BayPort Federal Credit Union, Georgia's Own Credit Union

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/franchises/skrimp-shack
API:: https://www.capbench.com/api/public/franchises/skrimp-shack
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 SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Skrimp Shack.