Main Street Registry

Culver's of Cartersville (GA)

Cartersville, GA · Limited-Service Restaurants · NAICS 722513

Culver's of Cartersville is a limited-service restaurant located in Cartersville, Georgia, classified under NAICS code 722513 (Limited-Service Restaurants) and operating as a Culver's franchise. The business financed real estate or equipment through an SBA 504 loan of $2,552,000, with Regions Bank as the lending bank and Capital Partners Certified Development Company as the CDC, approved on February 5, 2025.

SBA 504 loan, approved Feb 5, 2025

$2,552,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,552,000
Bank portion
$2,877,000
Estimated project size
$6,032,222 (estimated)
Estimated owner equity
$603,222 (estimated, about 10% of the project)
Bank lender
Regions Bank, Birmingham, AL
CDC
Capital Partners Certified Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 5, 2050 (estimated, approval date plus term)
First disbursement
May 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
36
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Culver's
Project location
Bartow County, GA
SBA district office
Georgia District Office
Congressional district
GA-11
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

  • Larger than 96% of expansion loans in Limited-Service Restaurants on this site.
  • Average expansion loan in Limited-Service Restaurants: $1,507,672.
  • Average expansion loan in Georgia: $2,201,121.

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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Same industry in Georgia