SBA Loans for Great Clips Franchises
Who actually funds Great Clips 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 Great Clips SBA loans
Ranked by number of Great Clips 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 2 | $446K | $223K |
| 1 | Happen Bank | 2 | $3.6M | $1.8M |
| 1 | Live Oak Banking Company | 2 | $4.8M | $2.4M |
| 1 | Manufacturers and Traders Trust Company | 2 | $360K | $180K |
| 1 | PNC Bank, National Association | 2 | $2.4M | $1.2M |
| 1 | TD Bank, National Association | 2 | $75K | $38K |
| 1 | The Huntington National Bank | 2 | $700K | $350K |
| 1 | United Community Bank | 2 | $275K | $138K |
| 9 | U.S. Bank, National Association | 1 | $2.4M | $2.4M |
| 9 | Milestone Bank | 1 | $1.4M | $1.4M |
| 9 | NEPA Alliance Business Finance Corporation | 1 | $44K | $44K |
| 9 | Newtek Bank, National Association | 1 | $600K | $600K |
| 9 | Bank of America, National Association | 1 | $500K | $500K |
| 9 | Portage Community Bank | 1 | $950K | $950K |
| 9 | United Prairie Bank | 1 | $250K | $250K |
| 9 | The Bancorp Bank National Association | 1 | $842K | $842K |
| 9 | The Bank of Commerce | 1 | $420K | $420K |
| 9 | Brighton Bank | 1 | $5.0M | $5.0M |
| 9 | Celtic Bank Corporation | 1 | $954K | $954K |
| 9 | First Bank of the Lake | 1 | $329K | $329K |
| 9 | FWBank | 1 | $3.9M | $3.9M |
| 9 | Hancock Whitney Bank | 1 | $245K | $245K |
| 9 | The Central Trust Bank | 1 | $125K | $125K |
| 9 | The First National Bank of Carmi | 1 | $3.1M | $3.1M |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Great Clips loan in this period, ranked by loan count.
Great Clips SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| IN | 3 | $6.7M | $2.2M |
| UT | 1 | $5.0M | $5.0M |
| VA | 1 | $3.9M | $3.9M |
| WA | 1 | $3.0M | $3.0M |
| MN | 2 | $2.6M | $1.3M |
| TX | 2 | $2.4M | $1.2M |
| MI | 3 | $2.1M | $693K |
| NC | 1 | $1.8M | $1.8M |
| FL | 1 | $954K | $954K |
| OH | 1 | $950K | $950K |
| PA | 2 | $886K | $443K |
| MA | 2 | $650K | $325K |
| MS | 2 | $574K | $287K |
| OR | 1 | $500K | $500K |
| ID | 1 | $420K | $420K |
Great Clips SBA loans by year
How Great Clips SBA loans have performed
Outcomes for every funded Great Clips 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 Great Clips 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 Great Clips deal to a lender currently funding this brand.
Financing a Great Clips franchise?
We know which lenders are actively funding Great Clips deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).