How much do lenders finance for a Hwy 55 Burgers Shakes & Fries franchise?

The median SBA loan approved for a Hwy 55 Burgers Shakes & Fries franchise is $200,000, with the middle 80% of loans between $122,500 and $432,300. 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 Hwy 55 Burgers Shakes & Fries franchises?

By dollars approved, the most active SBA lenders for Hwy 55 Burgers Shakes & Fries have been Newtek Small Business Finance, Inc., Peoples Bank of Alabama, BankUnited, Carolina Small Business Development Fund. 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 Hwy 55 Burgers Shakes & Fries SBA loans?

The median term is 7.4 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 Hwy 55 Burgers Shakes & Fries franchise

SBA lenders have approved 15 loans against the Hwy 55 Burgers Shakes & Fries brand since FY2010, totalling $3.6M. The median approval was $200,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1201

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$200,000

Typical range

$123K-$432K

Middle 80% of loans

Median term

7.4 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 Hwy 55 Burgers Shakes & Fries

Lender	Loans	Approved
Newtek Small Business Finance, Inc.	2	$857K
Peoples Bank of Alabama	2	$471K
BankUnited	1	$432K
Carolina Small Business Development Fund	2	$425K
Truist Bank	1	$334K
First Financial Bank	2	$302K
Milestone Bank	1	$231K
United Community Bank	1	$170K

Geography

Where Hwy 55 Burgers Shakes & Fries units were financed

State	Loans	Share
North Carolina	8
Alabama	3
Indiana	2
Illinois	1
Florida	1

Approvals by fiscal year

’14

’15

’16

’17

’18

’19

’23

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

Loan sizes

Under $50K
7%
$50K - $150K
13%
$150K - $350K
67%
$350K - $1M
13%

Financing a Hwy 55 Burgers Shakes & Fries: common questions

How much do lenders finance for a Hwy 55 Burgers Shakes & Fries franchise?: The median SBA loan approved for a Hwy 55 Burgers Shakes & Fries franchise is $200,000, with the middle 80% of loans between $122,500 and $432,300. 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 Hwy 55 Burgers Shakes & Fries franchises?: By dollars approved, the most active SBA lenders for Hwy 55 Burgers Shakes & Fries have been Newtek Small Business Finance, Inc., Peoples Bank of Alabama, BankUnited, Carolina Small Business Development Fund. 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 Hwy 55 Burgers Shakes & Fries SBA loans?: The median term is 7.4 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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