SBA Loans for A&W Franchises
Who actually funds A&W SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2025.
Top lenders funding A&W SBA loans
Ranked by number of A&W 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Atlantic Union Bank | 1 | $1.5M | $1.5M |
| 1 | Bank of Hays | 1 | $1.4M | $1.4M |
| 1 | Clare Bank, National Association | 1 | $1.0M | $1.0M |
| 1 | Evolve Bank and Trust | 1 | $479K | $479K |
| 1 | First Internet Bank of Indiana | 1 | $993K | $993K |
| 1 | First National Bank & Trust Co | 1 | $233K | $233K |
| 1 | First Western Bank & Trust | 1 | $163K | $163K |
| 1 | Harvest Bank | 1 | $2.1M | $2.1M |
| 1 | Hometown Bank | 1 | $1.4M | $1.4M |
| 1 | Michigan Schools and Government Credit Union | 1 | $700K | $700K |
| 1 | Milestone Bank | 1 | $845K | $845K |
| 1 | The Bancorp Bank National Association | 1 | $1.6M | $1.6M |
Source: SBA FOIA 7(a) loan-level data, 2021–2025. Shows lenders with at least one approved A&W loan in this period, ranked by loan count.
A&W SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| IA | 2 | $2.9M | $1.5M |
| MN | 2 | $2.3M | $1.1M |
| MI | 3 | $1.9M | $642K |
| CO | 1 | $1.6M | $1.6M |
| KS | 1 | $1.4M | $1.4M |
| WI | 1 | $1.0M | $1.0M |
| SC | 1 | $845K | $845K |
| AR | 1 | $479K | $479K |
A&W SBA loans by year
SBA lender notes for A&Wfrom the SBA Franchise Directory
1, When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Franchise Addendum to Lease Agreement may not be executed. 2. Franchisor may not enforce the Purchase Option on Real Estate owned by the franchisee or an affiliate of the franchise and taken as collateral for an SBA Loan.
How to use this
The lenders above have actually closed SBA 7(a) loans for A&W franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in — we match your A&W deal to a lender currently funding this brand.
Financing a A&W franchise?
We know which lenders are actively funding A&W deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).