SBA Loans for I Heart Mac & Cheese Franchises
Who actually funds I Heart Mac & Cheese SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2024.
Top lenders funding I Heart Mac & Cheese SBA loans
Ranked by number of I Heart Mac & Cheese 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 13 | $3.2M | $243K |
| 2 | BayFirst National Bank | 3 | $1.1M | $369K |
| 2 | Citizens Bank | 3 | $1.2M | $386K |
| 4 | The Bancorp Bank National Association | 2 | $853K | $426K |
| 5 | First Interstate Bank | 1 | $168K | $168K |
| 5 | Luminate Bank | 1 | $640K | $640K |
| 5 | Newtek Small Business Finance, Inc. | 1 | $225K | $225K |
| 5 | Pinnacle Bank | 1 | $458K | $458K |
| 5 | The Dart Bank | 1 | $500K | $500K |
| 5 | 1st Source Bank | 1 | $180K | $180K |
| 5 | TowneBank | 1 | $538K | $538K |
| 5 | Celtic Bank Corporation | 1 | $624K | $624K |
| 5 | CRF Small Business Loan Company, LLC | 1 | $500K | $500K |
| 5 | First Bank of the Lake | 1 | $670K | $670K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2024. Shows lenders with at least one approved I Heart Mac & Cheese loan in this period, ranked by loan count.
I Heart Mac & Cheese SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| MI | 6 | $1.6M | $268K |
| FL | 3 | $1.3M | $419K |
| NC | 2 | $1.1M | $570K |
| TX | 3 | $1.1M | $371K |
| SC | 2 | $846K | $423K |
| CO | 2 | $805K | $402K |
| MO | 1 | $670K | $670K |
| CA | 1 | $624K | $624K |
| IL | 4 | $604K | $151K |
| GA | 1 | $495K | $495K |
| MN | 1 | $469K | $469K |
| TN | 2 | $448K | $224K |
| VA | 1 | $349K | $349K |
| IN | 1 | $180K | $180K |
| AZ | 1 | $168K | $168K |
I Heart Mac & Cheese SBA loans by year
How I Heart Mac & Cheese SBA loans have performed
Outcomes for every funded I Heart Mac & Cheese 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 I Heart Mac & Cheese 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 I Heart Mac & Cheese deal to a lender currently funding this brand.
Financing a I Heart Mac & Cheese franchise?
We know which lenders are actively funding I Heart Mac & Cheese deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).