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FRANCHISE BRAND· Snack and Nonalcoholic Beverage Bars

SBA loans for CherryBerry

25 SBA loans have financed CherryBerry locations since 2011, written by 17 different lenders across 13 states. Half were approved for $249K or less, the mix is almost entirely 7(a), and 84% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
25
none in last 5 yrs
Median approval
$249K
90th pct $328K
Total approved
$7.0M
all years
To new owners
84%
21 loans
Lenders
17
13 states
No SBA loan has been recorded for this brand in the last five years. That can mean the brand stopped franchising, was renamed, or is now recorded under a different name in the SBA extract. Treat the numbers above as history, not as current appetite.

The lenders that fund CherryBerry

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Tulsa, OK
CherryBerry loans
4
In last 5 yrs
0
Typical loan
$297K
To new owners
75%
Last approval
Oct 2011
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Cincinnati, OH
CherryBerry loans
3
In last 5 yrs
0
Typical loan
$243K
To new owners
100%
Last approval
Dec 2013
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Columbus, OH
CherryBerry loans
3
In last 5 yrs
0
Typical loan
$243K
To new owners
100%
Last approval
Mar 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Pierce, NE
CherryBerry loans
2
In last 5 yrs
0
Typical loan
$718K
To new owners
100%
Last approval
Feb 2013
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Kalispell, MT
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$50K
To new owners
100%
Last approval
Dec 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Arlington Heights, IL
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$100K
To new owners
100%
Last approval
Feb 2015
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
Dickinson, ND
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$332K
To new owners
0%
Last approval
Mar 2013
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
8
Waterloo, IA
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$200K
To new owners
100%
Last approval
Feb 2013
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
9
Lawton, OK
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$363K
To new owners
0%
Last approval
Sep 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
10
Hager City, WI
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$300K
To new owners
100%
Last approval
Aug 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
11
Roswell, NM
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$258K
To new owners
100%
Last approval
May 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
12
Rapid City, SD
CherryBerry loans
1
In last 5 yrs
0
Typical loan
$260K
To new owners
100%
Last approval
May 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.