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• Sep 12, 2019

TD Bank, America's Most Convenient Bank®, announced today that its U.S. Small Business Administration (SBA) Lending Group closed $2.1 million combined in 504 and 7(a) loans for Fry Guys Management Group, which operates Zaxby's franchises in the Fayetteville area. These funds are being used to support the construction of a third Zaxby's franchise location at 130 S. 3rd Street, Spring Lake, N.C. TD previously financed Fry Guys' first two Zaxby's franchise locations with SBA financing that totaled $3.6 million.

"We appreciate the dedicated team that assisted us through the loan process from the beginning to the end," said Kip Earnhart, member of Fry Guys Management Group. "In some cases, with commercial financing, especially when the SBA is involved, it can be somewhat complicated, and the team at TD has always been there to help."

Founded in 1990 by childhood friends Zach McLeroy and Tony Townley, Zaxby's aims to provide a zesty and flavorful fast food dining experience. In the ensuing years, Zaxby's has grown to more than 900 locations in 17 states and continues to serve delicious chicken fingers, wings, sandwiches and salads in a fun, offbeat atmosphere where customers are considered friends.

"Due to our deep understanding of the customer's needs, TD Bank was able to leverage our SBA Lending Group and regional market expertise to provide Fry Guys with a customized loan solution that allowed the company to achieve its business goals," said Mallory Winter, business development officer in TD's SBA Lending Group. "We are proud to serve as a trusted and valuable resource to the customer and hope to continue to build upon this relationship by providing personalized support tailored to the Fry Guys Group's needs."

The transaction was closed by Winter and Mark G. Smaizys, senior relationship manager in TD's Commercial Lending Group. TD Bank is the no. 1 SBA lender in its Maine to Florida footprint.

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit Find TD Bank on Facebook at and on Twitter at

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit

Media Contact:

Shari Rosen, APR
TD Bank

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