Food & Restaurants · lender intelligence
How to finance a Checkers in Pennsylvania
The SBA 7(a) lenders funding the most Checkers deals in Pennsylvania, from public loan records — typical Checkers loan about $1.1M. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Checkers in Pennsylvania
$1.85M
Typical loan
range $60K–$3.00M
$2.06M
Est. purchase price
≈ loan ÷ 90%
$283,608
Cash to close
$206,111 down + fees
$24,003/mo
Typical payment
~9.5% · 10yr
$331,241/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
96 days
Typical time to fund
3
Lenders competing
more = leverage
8.08%
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 Checkers in Pennsylvania
Ranked by funded Checkers loans in Pennsylvania. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,927 loans · $207M · Buffalo, NYFull record →
- 2.3,264 loans · $846M · Miami, FLFull record →
3+ funded Checkers in Pennsylvania 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.
- Checker's in Croydon, PA — $3.0M (2023) · Newtek Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 309 months
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 96 days
- Approved
- 3/12/2023
- First disbursed
- 6/16/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Tobacco, Electronic Cigarette, and Other Smoking Supplies Re
Funded by Newtek Bank, National Association · Lender record →
Your business? Claim this record · Request removal
- Checker's in Croydon, PA — $1.9M (2022) · Newtek Small Business Finance, Inc.
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 306 months
- SBA guaranteed
- $1.4M (75%)
- Approved
- 7/14/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Tobacco Stores
Funded by Newtek Small Business Finance, Inc.
Your business? Claim this record · Request removal
- READING BURGER LLC in Mechanicsburg, PA — $60K (2021) · Manufacturers and Traders Trust Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $45K (75%)
- Approved
- 12/28/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Funded by Manufacturers and Traders Trust Company · Lender record →
Your business? Claim this record · Request removal
Buying a Checkers in Pennsylvania? 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.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Checkers loans with a Pennsylvania project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Checkers purchase in Pennsylvania with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Pennsylvania deals. Manufacturers and Traders Trust Company funds the most here. CapBench is not a lender.
- $1.1M typical Checkers loan
- 3 lenders active in Pennsylvania
- 3+ funded Pennsylvania deals
- 96 days typical to fund
Buyers buying a Checkers in Pennsylvania 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- 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.