Restaurant Franchises: 2020 SBA lending summary
Restaurants and Eating Places
SBA 7a Lending
Over the last 10 years, Restaurants and Eating Places has been the #1 industry group in SBA lending based on quantity of loans.
The Restaurants and Eating Places industry group ranked #1 in total number of approvals in the SBA 2020 Fiscal Year for all loans, non-franchise businesses, and for franchised businesses.
For franchised businesses, restaurants and eating places ranked #1 for all industry groups in the number of SBA loans approved.
For 2020FY, 327 different SBA lenders made 1,235 loan approvals for $646 million to franchised restaurants and eating places. For non-franchise restaurants and eating places there were 588 SBA lenders that approved 2,594 loans for $916 million.
Some of the top franchised restaurants and eating places in 2020FY include Subway, Domino’s, Jersey Mike’s, Culver’s, Smoothie King, Little Caesars, and Dunkin' Donuts.
The average SBA loan size approved for franchised restaurants and eating places came in at $523,369 compared to $353,441 for non-franchised restaurants and eating places.
Franchised restaurants and eating places has a 2.97% charge-off rate for the 10 year period ending 2019 compared to 3.18% for non-franchised.
Historical loan status counts through 9/30/2020:
Currently Active Loans: 24,811
Loan Paid In Full: 9,932
Cancelled Loans: 4,555
Loans Charged-Off: 1,409
Approved But Not Funded: 1,250
Restaurants and Eating Places
Franchise vs. Non-franchised
2020FY SBA 7a Lending
Franchised Restaurants and Eating Places
Non-Franchised Restaurants and Eating Places
Charge-off data for 10 year period ending 2019
Franchise Loans Only
How This Industry Group Ranks In SBA Lending
For Franchise Branded Businesses
2020FY
Top Ranked Franchises
Restaurants and Eating Places
2020FY
Top Ranked Franchise SBA Lenders
Restaurants and Eating Places
2020FY
Industry Group: Restaurants and Eating Places
Franchise Loan Industry Allocations
Restaurant and Eating Places Loan Amount Tiers
2020FY Franchise Business Loans
2020FY Project State Map
Restaurants and Eating Places
Franchised Businesses
Top 20 Project States and Project Counties for Restaurant and Eating Places Franchise Business SBA7a Loan Approvals for 2020 Fiscal year (ending 9/30)
2020FY Top Borrower Locations
Top 20 Borrower States and Borrower Cities for Restaurants and Eating Places Franchise Business SBA7a Loan Approvals for 2020 Fiscal year (ending 9/30)