Culver's of Apex

1401 Kelly Road, Apex, NC 27502 · Limited-service Restaurants (NAICS 722513)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$4.6M

Jobs Supported

216

Years Active

2019–2024

Loan History (3)

Source: SBA FOIA
7(a)$400,000
Exempt
Approved
Jan 11, 2024 (FY2024)
SBA Guaranteed
$300,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.00%
Revolver
0
Jobs Supported
85
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Limited-service Restaurants (NAICS 722513)

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Wake County, NC

7(a)$300,000
Exempt
Approved
May 25, 2022 (FY2022)
SBA Guaranteed
$225,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
60
Business Type
Corporation
Business Age
Change of Ownership
Industry
Limited-service Restaurants (NAICS 722513)

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Wake County, NC

7(a)$3,915,000
Paid in Full
Approved
Jan 31, 2019 (FY2019)
SBA Guaranteed
$2,936,250 (75%)
Term
306 months (25.5 yrs)
Interest Rate
4.50%
Revolver
0
Jobs Supported
71
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
Limited-service Restaurants (NAICS 722513)
Paid in Full
Jul 31, 2022

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Wake County, NC

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
722513 Limited-service Restaurants
Address
1401 Kelly Road
Apex, NC 27502

Lender

Bank Five Nine
155 W Wisconsin Ave, Oconomowoc, WI 53066

Other SBA Borrowers in Apex

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