Food & Restaurants · lender intelligence

How to finance a Cheba Hut

State:

The SBA 7(a) lenders funding the most Cheba Hut deals, ranked from public loan records — typical Cheba Hut loan about $680K. A bank that has funded the brand knows the model — faster approvals, better terms.

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

$680K

Typical loan

range $496K–$944K

$756K

Est. purchase price

≈ loan ÷ 90%

$101,056

Cash to close

$75,556 down + fees

$8,799/mo

Typical payment

~9.5% · 10yr

$121,426/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

33 days

Typical time to fund

Lenders competing

more = leverage

8.03%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with Cheba Hut

Ranked by funded Cheba Hut loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.2,539 loans · $965M · Columbus, OHFull record →
2.11 loans · $6M · Oostburg, WIFull record →
3.105 loans · $164M · Brookline, MAFull record →
4.103 loans · $64M · Indiana, PAFull record →
5.78 loans · $79M · New Orleans, LAFull record →
6.38 loans · $21M · San Antonio, TXFull record →
7.318 loans · $229M · Osage Beach, MOFull record →
8.46 loans · $85M · Salt Lake City, UTFull record →
9.112 loans · $112M · Irving, TXFull record →
10.105 loans · $51M · Fitzgerald, GAFull record →
11.242 loans · $281M · Chicago, ILFull record →
12.60 loans · $40M · Clayton, MOFull record →
13.22 loans · $3M · Fayetteville, ARFull record →
14.15 loans · $15M · Houston, MOFull record →

23+ funded Cheba Hut deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Cheba Hut 'Toasted' Subs in Clarksville, TN — $1.4M (2025) · First Bank of the Lake
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
132 mo (11 yrs)
SBA guaranteed
$1.1M (75%)
Approval → funding
33 days
Approved
9/29/2025
First disbursed
11/1/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
48
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
Big Toasted Mon 7 LLC in Bernalillo, NM — $1.0M (2025) · VelocitySBA, LLC
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
126 months
SBA guaranteed
$774K (75%)
Approval → funding
52 days
Approved
6/20/2025
First disbursed
8/11/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
40
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by VelocitySBA, LLC · Lender record →
Your business? Claim this record · Request removal
Phat Subz LLC in Mckinney, TX — $877K (2025) · Milestone Bank
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
129 months
SBA guaranteed
$658K (75%)
Approval → funding
46 days
Approved
5/22/2025
First disbursed
7/7/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
31
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Milestone Bank · Lender record →
Your business? Claim this record · Request removal
MYLES 4, INC. in Ontario, CA — $1.0M (2024) · Byline Bank
Program
Preferred Lenders Program
Rate at approval
11.25% variable
Term
124 months
SBA guaranteed
$750K (75%)
Approval → funding
62 days
Approved
9/26/2024
First disbursed
11/27/2024
Loan status
Current
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
Big Toasted Mon 8, LLC in El Paso, TX — $650K (2024) · Colony Bank
Program
Preferred Lenders Program
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$488K (75%)
Approval → funding
85 days
Approved
2/14/2024
First disbursed
5/9/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
29
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Colony Bank · Lender record →
Your business? Claim this record · Request removal
Wylde Parsley, LLC in Donelson, TN — $1.0M (2023) · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$774K (75%)
Approval → funding
13 days
Approved
1/17/2023
First disbursed
1/30/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
42
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
37 WAFFLES DEVELOPMENT CO LLC in North Hollywood, CA — $944K (2023) · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$472K (50%)
Approved
7/26/2023
Loan status
Cancelled
Loan type
Term loan
Collateral
Not required
Business type
Corporation
Jobs supported
31
Business age
Startup, Loan Funds will Open Business
Industry
Full-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
37 WAFFLES DEVELOPMENT CO LLC in North Hollywood, CA — $944K (2023) · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$708K (75%)
Approval → funding
2 days
Approved
7/26/2023
First disbursed
7/28/2023
Loan status
Current
Loan type
Term loan
Collateral
Not required
Business type
Corporation
Jobs supported
31
Business age
Startup, Loan Funds will Open Business
Industry
Full-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Hyder Restaurant Holdings LLC in Dallas, TX — $823K (2023) · Frost Bank
Program
Preferred Lenders Program
Rate at approval
9.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$617K (75%)
Approval → funding
14 days
Approved
2/21/2023
First disbursed
3/7/2023
Loan status
Delinquent
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
46
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Frost Bank · Lender record →
Your business? Claim this record · Request removal
CH HTX LLC in Houston, TX — $757K (2023) · Midwest Regional Bank
Program
7a General
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$568K (75%)
Approval → funding
65 days
Approved
8/23/2023
First disbursed
10/27/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
65
Business age
Startup, Loan Funds will Open Business
Industry
Full-Service Restaurants
Funded by Midwest Regional Bank · Lender record →
Your business? Claim this record · Request removal
Mary Jane Restaurants LLC in Milwaukee, WI — $680K (2023) · Oostburg State Bank
Program
Preferred Lenders Program
Rate at approval
7.25% fixed
Term
126 months
SBA guaranteed
$510K (75%)
Approval → funding
6 days
Approved
12/2/2022
First disbursed
12/8/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
11
Business age
Existing or more than 2 years old
Industry
Full-Service Restaurants
Funded by Oostburg State Bank · Lender record →
Your business? Claim this record · Request removal
37 WAFFLES DEVELOPMENT CO LLC in North Hollywood, CA — $50K (2023) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approval → funding
12 days
Approved
7/26/2023
First disbursed
8/7/2023
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
31
Business age
Startup, Loan Funds will Open Business
Industry
Full-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
AJNAAA, LLC in Denton, TX — $732K (2022) · The Bank of Houston
Program
7a General
Rate at approval
6% variable
Term
129 months
SBA guaranteed
$549K (75%)
Approval → funding
0 days
Approved
12/26/2021
First disbursed
12/26/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
35
Business age
Startup, Loan Funds will Open Business
Industry
Full-Service Restaurants
Funded by The Bank of Houston · Lender record →
Your business? Claim this record · Request removal
Mary Jane Restaurants LLC in Madison, WI — $496K (2022) · purchase · Oostburg State Bank
Program
Preferred Lenders Program
Rate at approval
4.75% fixed
Term
93 months
SBA guaranteed
$372K (75%)
Approval → funding
3 days
Approved
12/3/2021
First disbursed
12/6/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
35
Business age
Change of Ownership
Industry
Full-Service Restaurants
If you were the buyer here
Est. deal size
$551K
Est. down payment (10%)
$55K
Est. cash at closing
$74K
Monthly payment
$6,386
Annual debt service
$77K
Cash flow needed (1.25×)
$96K
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 →
Your business? Claim this record · Request removal
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 →
Your business? Claim this record · Request removal
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 →
Your business? Claim this record · Request removal
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 →
Your business? Claim this record · Request removal
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 →
Your business? Claim this record · Request removal
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 →
Your business? Claim this record · Request removal
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 →
Your business? Claim this record · Request removal

Buying a Cheba Hut? Start with a lender that has funded the brand

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CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to Cheba Hut businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Cheba Hut purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. The Huntington National Bank funds the most. CapBench is not a lender.

$680K typical Cheba Hut loan
14 lenders fund the brand
33 days typical to fund

Buyers researching a Cheba Hut typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker Cheba Hut record

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/lenders/franchise/cheba-hut
API:: https://www.capbench.com/api/public/lenders?franchise=cheba-hut
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.