Food & Restaurants · lender intelligence

How to finance a Cheba Hut in Tennessee

State:

The SBA 7(a) lenders funding the most Cheba Hut deals in Tennessee, from public loan records — typical Cheba Hut loan about $680K. A bank already funding the brand in your state knows it twice over.

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

$1.03M

Typical loan

range $735K–$1.45M

$1.15M

Est. purchase price

≈ loan ÷ 90%

$157,253

Cash to close

$114,678 down + fees

$13,355/mo

Typical payment

~9.5% · 10yr

$184,299/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

33 days

Typical time to fund

Lenders competing

more = leverage

7.69%

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 in Tennessee

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

1.2,539 loans · $965M · Columbus, OHFull record →
2.318 loans · $229M · Osage Beach, MOFull record →

4+ funded Cheba Hut in Tennessee 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
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
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
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

Buying a Cheba Hut in Tennessee? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

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.

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

Agent summary

How to finance a Cheba Hut purchase in Tennessee with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Tennessee deals. The Huntington National Bank funds the most here. CapBench is not a lender.

$680K typical Cheba Hut loan
2 lenders active in Tennessee
4+ funded Tennessee deals
33 days typical to fund

Buyers buying a Cheba Hut in Tennessee typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

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

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-21.
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/tennessee
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.