SBA Loans for Famous Dave's Franchises
Who actually funds Famous Dave's SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2022 to 2026.
Top lenders funding Famous Dave's SBA loans
Ranked by number of Famous Dave's 7(a) loans approved since 2022.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 2 | $655K | $328K |
| 2 | Frandsen Bank and Trust | 1 | $1.5M | $1.5M |
| 2 | Georgia Banking Company | 1 | $667K | $667K |
| 2 | BayFirst National Bank | 1 | $150K | $150K |
| 2 | Newtek Bank, National Association | 1 | $750K | $750K |
| 2 | North Shore Bank of Commerce | 1 | $295K | $295K |
| 2 | Lendistry SBLC, LLC | 1 | $250K | $250K |
Source: SBA FOIA 7(a) loan-level data, 2022 to 2026. Shows lenders with at least one approved Famous Dave's loan in this period, ranked by loan count.
Famous Dave's SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| GA | 4 | $2.1M | $518K |
| MN | 2 | $1.8M | $904K |
| SC | 2 | $400K | $200K |
Famous Dave's SBA loans by year
How Famous Dave's SBA loans have performed
Outcomes for every funded Famous Dave's 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.
How to use this
The lenders above have actually closed SBA 7(a) loans for Famous Dave's 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 Famous Dave's deal to a lender currently funding this brand.
Financing a Famous Dave's franchise?
We know which lenders are actively funding Famous Dave's deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).