The Simple Greek, 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 S2077)
7 deals since 2020 · typical deal $590K
7
Deals since 2020
$590K
Typical deal
0
Deals since FY2025
—
Too few deals to score risk
What buyers pay for The Simple Greek
Most The Simple Greek deals financed between $250K and $620K. Above $620K, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $7,715
- Down payment (10%)
- $66K
- Cash to close (all-in)
- $88K
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 ~$88K)
Experience
Recent financings
- Red Skys LLC in Clinton Township, MI — $620K (2021) · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $558K (90%)
- Approved
- 3/22/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 68
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Beacon Bank and Trust · Lender record →
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- SI - 419 CARONDELET, LLC in New Orleans, LA — $749K (2020) · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $562K (75%)
- Approval → funding
- 160 days
- Approved
- 3/24/2020
- First disbursed
- 8/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 32
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Beacon Bank and Trust · Lender record →
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- The Simple Greek Chicagoland, LLC in Lombard, IL — $590K (2020) · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $443K (75%)
- Approved
- 4/23/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 31
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Beacon Bank and Trust · Lender record →
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- The Simple Greek Chicagoland, LLC in Lombard, IL — $590K (2020) · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 105 months
- SBA guaranteed
- $443K (75%)
- Approval → funding
- 7 days
- Approved
- 9/17/2020
- First disbursed
- 9/24/2020
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Beacon Bank and Trust · Lender record →
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- P&J Plus Two, Incorporated in Orland Park, IL — $530K (2020) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 99 months
- SBA guaranteed
- $398K (75%)
- Approval → funding
- 40 days
- Approved
- 4/21/2020
- First disbursed
- 5/31/2020
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 27
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
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- Nile Group III, Inc. in Kearny, NJ — $250K (2020) · JPMorgan Chase Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.036% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $188K (75%)
- Approved
- 4/24/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 26
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by JPMorgan Chase Bank, National Association · Lender record →
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- P&J Plus Two, Incorporated in Orland Park, IL — $35K (2020) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $18K (50%)
- Approval → funding
- 8 days
- Approved
- 4/21/2020
- First disbursed
- 4/29/2020
- Loan status
- Paid in full (9/30/2022)
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 27
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
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Who funds The Simple Greek — and where
Every dot is a financed The Simple Greek — 7 mapped.
Financed The Simple Greek locations — list all 7 as text
- Red Skys LLC — Clinton Township · $620K · FY2021 · Limited-Service Restaurants
- The Simple Greek Chicagoland, LLC — Lombard · $590K · FY2020 · Limited-Service Restaurants
- Nile Group III, Inc. — Kearny · $250K · FY2020 · Limited-Service Restaurants
- The Simple Greek Chicagoland, LLC — Lombard · $590K · FY2020 · Limited-Service Restaurants
- SI - 419 CARONDELET, LLC — New Orleans · $749K · FY2020 · Limited-Service Restaurants
- P&J Plus Two, Incorporated — Orland Park · $35K · FY2020 · Limited-Service Restaurants
- P&J Plus Two, Incorporated — Orland Park · $530K · FY2020 · Limited-Service Restaurants
Top lenders for this brand
Most active states
- 1.Illinois (4 loans)
- 2.Michigan (1 loans)
- 3.New Jersey (1 loans)
- 4.Louisiana (1 loans)
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Common questions
How much does a The Simple Greek cost to buy or open?
The typical deal for The Simple Greek is $590K across 7 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $65K of buyer cash on a typical deal.
How risky is The Simple Greek?
The Simple Greek has 7 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 The Simple Greek with an SBA loan?
Yes — The Simple Greek 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 The Simple Greek franchise
Most The Simple Greek 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 The Simple Greek deal financed for $590K, which points to about $65K of buyer cash on a typical purchase. The Simple Greek is listed in the SBA Franchise Directory (identifier S2077), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund The Simple Greek — 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 The Simple Greek — 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 The Simple Greek — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. The Simple Greek is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 7 SBA 7(a) deals since 2020
- $590K typical deal
- 0 deals since FY2025
- Too few deals to score a reliable failure rate
- SBA Franchise Directory: listed (identifier S2077)
- Top lenders: Beacon Bank and Trust, The Huntington National Bank, JPMorgan Chase Bank, National Association
- 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.
- 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 The Simple Greek.