227 Franklin, LLC
227 Franklin, LLC is located in Franklin, TN, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 7(a) loan of $2,735,000 for a change of ownership on September 8, 2026.
SBA 7(a) loan, change of ownership, approved Sep 8, 2026
- Gross approval
- $2,735,000
- SBA-guaranteed amount
- $2,051,250 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $35,390 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Moe's Southwest Grill
- Project location
- Williamson County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Tennessee: $1,738,925.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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