# Freddy's Frozen Custard, Kalamazoo MI: $1,249,000 SBA 504 loan approved 2026-07-16

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | Freddy's Frozen Custard |
| Location | Kalamazoo, MI, 49006 |
| County | KALAMAZOO |
| Program | SBA 504 |
| Gross approval | $1,249,000 |
| Approved | 2026-07-16 |
| Lender | Business Development Corporation (BDC) |
| Third-party lender | 1st Source Bank |
| Term (months) | 300 |
| Industry | Limited-Service Restaurants |
| NAICS | 722513 |
| Franchise | Freddy's Frozen Custard & Steakburgers |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 11 |

## Why this score
- Approval of $500K or more.
- Approved within 90 days of the latest SBA release.
- New business: still buying services and equipment.
- Franchise (Freddy's Frozen Custard & Steakburgers).

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.