Corndogs by Mr. Cow
Corndogs by Mr. Cow is a business in Berkeley Lake, GA, classified under the industry Lessors of Nonfinancial Intangible Assets (except Copyrighted Works), NAICS code 533110. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,055,300, approved on April 23, 2026 by Hanmi Bank.
SBA 7(a) loan, change of ownership, approved Apr 23, 2026
$1,055,300 approvedLender: Hanmi Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,055,300
- SBA-guaranteed amount
- $791,475 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,944 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 29, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 533110, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
- Franchise
- Corndogs By Mr. Cow
- Project location
- Gwinnett County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Lessors of Nonfinancial Intangible Assets (except Copyrighted Works): $2,343,633.
- Average acquisition loan in Georgia: $2,017,638.
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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