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Franchises›Freddy's Frozen Custard & Steakburgers
SBA Franchise IDS0669✓ SBA-eligible franchise· listed since 2017

SBA Loans for Freddy's Frozen Custard & Steakburgers Franchises

Who actually funds Freddy's Frozen Custard & Steakburgers 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.

15
SBA 7(a) loans
$17.4M
Total approved
$1.2M
Avg loan size
9
Lenders

Top lenders funding Freddy's Frozen Custard & Steakburgers SBA loans

Ranked by number of Freddy's Frozen Custard & Steakburgers 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1Equity Bank5$3.7M$732K
2Milestone Bank2$4.4M$2.2M
2SouthState Bank, National Association2$1.1M$540K
4First Bank of the Lake1$2.1M$2.1M
4Live Oak Banking Company1$1.2M$1.2M
4Beacon Bank and Trust1$1.0M$1.0M
4The Huntington National Bank1$1.4M$1.4M
4Choice Financial Group1$1.1M$1.1M
4ConnectOne Bank1$1.5M$1.5M

Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Freddy's Frozen Custard & Steakburgers loan in this period, ranked by loan count.

Freddy's Frozen Custard & Steakburgers SBA loans by state

StateLoansTotal VolumeAvg Loan
KY3$5.4M$1.8M
TX5$4.7M$938K
NJ2$3.6M$1.8M
LA1$1.4M$1.4M
ND1$1.1M$1.1M
WY1$540K$540K
CO1$540K$540K
OH1$195K$195K

Freddy's Frozen Custard & Steakburgers SBA loans by year

FY2021
4
$2.8M
FY2022
4
$2.9M
FY2023
3
$4.8M
FY2026
4
$6.8M

How Freddy's Frozen Custard & Steakburgers SBA loans have performed

Outcomes for every funded Freddy's Frozen Custard & Steakburgers 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
0 of 15
0.0% · SBA paid out on the guaranty
Charged off
0 of 15
0.0% · Written off (part of defaulted)
Paid in full
3 of 15
20.0% · Loan fully repaid
Still active
12 of 15
80.0% · Open and not in default

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 Freddy's Frozen Custard & Steakburgers 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 Freddy's Frozen Custard & Steakburgers deal to a lender currently funding this brand.

Financing a Freddy's Frozen Custard & Steakburgers franchise?

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