sbaloanshq
Franchises›Honey Do Service
SBA Franchise IDS2740

SBA Loans for Honey Do Service Franchises

Who actually funds Honey Do Service SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2022.

4
SBA 7(a) loans
$731K
Total approved
$183K
Avg loan size
3
Lenders

Top lenders funding Honey Do Service SBA loans

Ranked by number of Honey Do Service 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1United Midwest Savings Bank National Association2$300K$150K
2CRF Small Business Loan Company, LLC1$323K$323K
2First National Bank and Trust Company of Weatherford d/b/a First Bank Texas1$108K$108K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2022. Shows lenders with at least one approved Honey Do Service loan in this period, ranked by loan count.

Honey Do Service SBA loans by state

StateLoansTotal VolumeAvg Loan
SC1$323K$323K
KY1$150K$150K
NC1$150K$150K
TX1$108K$108K

Honey Do Service SBA loans by year

FY2021
3
$408K
FY2022
1
$323K

How Honey Do Service SBA loans have performed

Outcomes for every funded Honey Do Service 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
2 of 3
66.7% · SBA paid out on the guaranty
Charged off
2 of 3
66.7% · Written off (part of defaulted)
Paid in full
0 of 3
0.0% · Loan fully repaid
Still active
1 of 3
33.3% · 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 Honey Do Service 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 Honey Do Service deal to a lender currently funding this brand.

Financing a Honey Do Service franchise?

We know which lenders are actively funding Honey Do Service deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).