SBA Loans for Checkers Franchises
Who actually funds Checkers SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Checkers SBA loans
Ranked by number of Checkers 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | First Bank of the Lake | 2 | $3.1M | $1.6M |
| 1 | Bank Five Nine | 2 | $1.7M | $828K |
| 1 | East West Bank | 2 | $2.8M | $1.4M |
| 1 | United Bank | 2 | $1.5M | $729K |
| 5 | BankFirst Financial Services | 1 | $887K | $887K |
| 5 | Metro City Bank | 1 | $1.6M | $1.6M |
| 5 | Newtek Bank, National Association | 1 | $3.0M | $3.0M |
| 5 | Newtek Small Business Finance, Inc. | 1 | $1.9M | $1.9M |
| 5 | Pinnacle Bank | 1 | $852K | $852K |
| 5 | The Huntington National Bank | 1 | $350K | $350K |
| 5 | Manufacturers and Traders Trust Company | 1 | $60K | $60K |
| 5 | Centerstone SBA Lending, Inc. | 1 | $465K | $465K |
| 5 | First Commonwealth Bank | 1 | $2.0M | $2.0M |
| 5 | First National Bank of Pennsylvania | 1 | $311K | $311K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Checkers loan in this period, ranked by loan count.
Checkers SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| PA | 3 | $4.9M | $1.6M |
| MD | 3 | $3.2M | $1.1M |
| FL | 4 | $3.1M | $778K |
| LA | 1 | $2.0M | $2.0M |
| NC | 1 | $1.7M | $1.7M |
| IN | 1 | $1.6M | $1.6M |
| TX | 1 | $1.5M | $1.5M |
| AL | 1 | $887K | $887K |
| VA | 1 | $852K | $852K |
| NJ | 1 | $350K | $350K |
| DE | 1 | $311K | $311K |
Checkers SBA loans by year
How Checkers SBA loans have performed
Outcomes for every funded Checkers 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for Checkersfrom the SBA Franchise Directory
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.
How to use this
The lenders above have actually closed SBA 7(a) loans for Checkers 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, and we match your Checkers deal to a lender currently funding this brand.
Financing a Checkers franchise?
We know which lenders are actively funding Checkers deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).