How much do lenders finance for a CherryBerry franchise?

The median SBA loan approved for a CherryBerry franchise is $249,400, with the middle 80% of loans between $183,300 and $332,000. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.

Which lenders finance CherryBerry franchises?

By dollars approved, the most active SBA lenders for CherryBerry have been Midwest Bank, Triad Bank, JPMorgan Chase Bank, U.S. Bank. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.

How long are CherryBerry SBA loans?

The median term is 7 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.

Franchise financing

Financing a CherryBerry franchise

SBA lenders have approved 25 loans against the CherryBerry brand since FY2010, totalling $7.0M. The median approval was $249,400. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#836

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$249,400

Typical range

$183K-$332K

Middle 80% of loans

Median term

7 yr

Charge-off rate

Cohort too small

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Who financed CherryBerry

Lender	Loans	Approved
Midwest Bank	2	$1.4M
Triad Bank	4	$1.2M
JPMorgan Chase Bank	3	$730K
U.S. Bank	3	$728K
Liberty National Bank	1	$363K
Bravera Bank	1	$332K
Hiawatha National Bank	1	$300K
First PREMIER Bank	1	$281K

Geography

Where CherryBerry units were financed

State	Loans	Share
Texas	4
Nebraska	3
Minnesota	3
Oklahoma	2
Missouri	2
Utah	2
South Dakota	2
Wisconsin	2

Approvals by fiscal year

’11

’12

’13

’14

’15

’17

Loan count by fiscal year - a rough proxy for how fast the brand was opening units. Final bar is a partial year.

Loan sizes

$50K - $150K
8%
$150K - $350K
84%
$350K - $1M
4%
$1M - $2M
4%

Financing a CherryBerry: common questions

How much do lenders finance for a CherryBerry franchise?: The median SBA loan approved for a CherryBerry franchise is $249,400, with the middle 80% of loans between $183,300 and $332,000. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.
Which lenders finance CherryBerry franchises?: By dollars approved, the most active SBA lenders for CherryBerry have been Midwest Bank, Triad Bank, JPMorgan Chase Bank, U.S. Bank. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.
How long are CherryBerry SBA loans?: The median term is 7 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.

Compare other brands

Median loan size and charge-off rate across every franchise in the SBA record.

How SBA 7(a) works

The programme most franchise buyers use, explained end to end.

Buying a franchise with an SBA loan

Equity injection, the franchise directory, and what lenders check.

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