SBA Lenders that are Franchise Friendly

Franchise Times published a report of some of the SBA Lenders to Administer Disaster Relief Funds for the franchise and restaurant businesses.

The CARES Act recently was enacted by Congress to allows companies with fewer than 500 employees to obtain loans of up to $10 million from local SBA lenders through the Small Business Administration’s existing 7(a) loan guarantee program.

These loans can be used for rent expenses, mortgage expenses and payroll expenses.

Below are some of the franchise and restaurant-specific lenders, banks and intermediaries who want you to know they are ready to help.

Apple Pie Capital

Contact: Ron Feldman

Phone: 800-720-0241

Email: SBArelief@applepiecapital.com https://www.applepiecapital.com/sba- coronavirus-relief

Business Finance Depot

Contact: Paul Bosley

Phone: 800-788-3884

Email: Paul@BusinessFinanceDepot.com

https://businessfinancedepot.com/apply- for-the-sba-paycheck-protection- program-ppp-loan/

DCV Franchise Group

Contact: Anthony Byrd

Phone: 818-251-1343

Email: abyrd@dcvfranchisegroup.com

https://www.singerlewak.com/index.php/dcv-franchise-group

FranFund

www.franfund.com/ppp-cares-act-faq

Meridian Bank

Contact: Rocco Perate

Phone: 215-454-2846

Email: rperate@meridianbanker.com

www.meridianbanker.com/sba

Paragon Bank

Contact: Charles Yorke

Phone: 470-225-5506

Email: Charles.Yorke@bankparagon.com

https://bankparagon.com/business/small- business-capital-group/

WSFS Bank

Contact: Richard Snow

Phone: 609-589-1335

Email: RSnow@wsfsbank.com

https://www.wsfsbank.com/borrowing/business-loans/sba-lending