SBA Loans for Hotworx Franchises
Who actually funds Hotworx SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2026.
Top lenders funding Hotworx SBA loans
Ranked by number of Hotworx 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 121 | $28.2M | $233K |
| 2 | Citizens Bank | 85 | $43.2M | $508K |
| 3 | First Bank of the Lake | 19 | $10.0M | $529K |
| 4 | Newtek Small Business Finance, Inc. | 16 | $5.7M | $358K |
| 5 | Pinnacle Bank | 14 | $5.5M | $389K |
| 6 | KeyBank National Association | 13 | $5.3M | $411K |
| 7 | Seacoast National Bank | 9 | $3.1M | $345K |
| 7 | Happen Bank | 9 | $3.7M | $407K |
| 9 | Byline Bank | 8 | $3.0M | $378K |
| 9 | Paragon Bank | 8 | $3.5M | $433K |
| 11 | Midwest Regional Bank | 7 | $2.9M | $410K |
| 12 | Wells Fargo Bank National Association | 6 | $1.7M | $281K |
| 13 | Magnifi Financial CU | 5 | $2.3M | $467K |
| 14 | Great Plains State Bank | 4 | $1.3M | $337K |
| 15 | Zions Bank, A Division of | 3 | $362K | $121K |
| 15 | First Internet Bank of Indiana | 3 | $1.5M | $491K |
| 15 | Texas Security Bank | 3 | $920K | $307K |
| 15 | Community Banks of Colorado, A Division of NBH Bank | 3 | $1.2M | $403K |
Source: SBA FOIA 7(a) loan-level data, 2021–2026. Shows lenders with at least one approved Hotworx loan in this period, ranked by loan count.
Hotworx SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 89 | $30.3M | $340K |
| FL | 39 | $16.0M | $409K |
| NC | 25 | $11.1M | $445K |
| CA | 28 | $10.7M | $383K |
| GA | 25 | $8.9M | $356K |
| IL | 20 | $7.3M | $366K |
| CO | 19 | $6.8M | $358K |
| WA | 16 | $6.7M | $419K |
| IA | 15 | $5.8M | $390K |
| NY | 12 | $5.0M | $415K |
| VA | 12 | $5.0M | $415K |
| UT | 11 | $4.1M | $373K |
| PA | 11 | $4.0M | $359K |
| MO | 8 | $3.2M | $395K |
| LA | 8 | $3.0M | $374K |
Hotworx SBA loans by year
SBA lender notes for Hotworxfrom the SBA Franchise Directory
1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Rider to Lease may not be executed. 2. 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 Hotworx 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 — we match your Hotworx deal to a lender currently funding this brand.
Financing a Hotworx franchise?
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