SBA Loans for CRDN Franchises
Who actually funds CRDN 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 CRDN SBA loans
Ranked by number of CRDN 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Highland Bank | 2 | $250K | $125K |
| 1 | Zions Bancorporation, National Association | 2 | $200K | $100K |
| 1 | The Farmers National Bank of Canfield | 2 | $670K | $335K |
| 4 | BMO Bank National Association | 1 | $1.5M | $1.5M |
| 4 | Peoples Bank | 1 | $1.9M | $1.9M |
| 4 | St. Louis Bank | 1 | $1.2M | $1.2M |
| 4 | T Bank, National Association | 1 | $1.6M | $1.6M |
| 4 | TD Bank, National Association | 1 | $595K | $595K |
| 4 | U.S. Bank, National Association | 1 | $850K | $850K |
| 4 | Fifth Third Bank | 1 | $4.0M | $4.0M |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved CRDN loan in this period, ranked by loan count.
CRDN SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| CA | 2 | $5.5M | $2.7M |
| LA | 1 | $1.9M | $1.9M |
| GA | 1 | $1.6M | $1.6M |
| AZ | 1 | $1.2M | $1.2M |
| MT | 1 | $850K | $850K |
| OH | 2 | $670K | $335K |
| NY | 1 | $595K | $595K |
| MN | 2 | $250K | $125K |
| NM | 2 | $200K | $100K |
CRDN SBA loans by year
How CRDN SBA loans have performed
Outcomes for every funded CRDN 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 CRDNfrom the SBA Franchise Directory
Lender/CDC must ensure they obtain the correct lien position for all collateral as required pursuant to the SOP 50 10
How to use this
The lenders above have actually closed SBA 7(a) loans for CRDN 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 CRDN deal to a lender currently funding this brand.
Financing a CRDN franchise?
We know which lenders are actively funding CRDN deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).