What to know about Culver’s ButterBurgers franchise SBA loans
Culver’s ButterBurgers franchises project state SBA 7(a) loan approvals in 2020.
Culver’s ButterBurgers Franchise SBA Lending Highlights
2020 Year End
7 lenders approved 12 SBA 7(a) loans for $18,755,600. The average loan approval amount in 2020 was $1,562,967. SBA loans were approved to borrowers from 12 cities for projects in 8 states.
Historical
105 lenders approved 392 SBA 7(a) loans for $425,705,380. SBA loans were approved for borrowers from 259 cities, for projects in 24 states, with an average loan approval amount of $1,085,983.
SBA Rankings
For 2020 franchise loans in the Limited-Service Restaurants industry Culver’s ranks #12 for loan approvals and #5 for approval amounts.
Charge-offs (Defaults)
0% of loans were charged-off by SBA lenders for the 10-Year Period Ending 2019.
0% of loans were charged-off by SBA lenders for the 10-Year Period Ending 2018.
The difference between a charge-off and a default, and the SBA loan default paradox
Read our free SBA Franchise Report for Culver’s ButterBurgers for a full report, but below are a few highlights:
Historical SBA 7(a) Lending
Culver’s ButterBurgers Franchises
2020 Top 25 Franchise Brands
Limited-Service Restaurants SBA 7(a) Loans
Loan Approvals
Approval Amounts
2020 Top 25 SBA Lenders
Culver’s ButterBurgers Franchise Loans
Loan Approvals
Approved Amounts
SBA 7(a) Lending Forecast
Our forecast model projects Culver’s ButterBurgers 2021 franchise SBA approvals at $34 million and for the Limited-Services Restaurants industry we project $678 million in SBA 7(a) approvals in 2021.
SBA Forecast: Culver’s ButterBurgers
SBA Forecast: Limited-Service Restaurants
See our full (and free) SBA report on Culver’s ButterBurgers
This report has about everything a small business owner would want to know about SBA 7(a) loans to Culver’s ButterBurgers franchise businesses. See the top rankings, lenders, loan amounts, default data, forecasts, the top project states and borrower cities, and more.
