SBA Loans for iFoam Franchises
Who actually funds iFoam SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2022 to 2024.
Top lenders funding iFoam SBA loans
Ranked by number of iFoam 7(a) loans approved since 2022.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 56 | $22.4M | $400K |
| 2 | First Bank of the Lake | 2 | $1.4M | $709K |
| 2 | Pinnacle Bank | 2 | $1.3M | $662K |
| 4 | OakStar Bank | 1 | $700K | $700K |
Source: SBA FOIA 7(a) loan-level data, 2022 to 2024. Shows lenders with at least one approved iFoam loan in this period, ranked by loan count.
iFoam SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 17 | $7.7M | $451K |
| CO | 8 | $3.4M | $425K |
| SC | 4 | $1.8M | $461K |
| GA | 4 | $1.5M | $378K |
| TN | 4 | $1.5M | $374K |
| UT | 4 | $1.5M | $372K |
| MI | 2 | $1.4M | $709K |
| FL | 4 | $1.3M | $319K |
| VA | 2 | $822K | $411K |
| IL | 2 | $770K | $385K |
| NC | 2 | $748K | $374K |
| AL | 2 | $700K | $350K |
| KS | 1 | $700K | $700K |
| MO | 2 | $679K | $339K |
| OH | 1 | $670K | $670K |
iFoam SBA loans by year
How iFoam SBA loans have performed
Outcomes for every funded iFoam 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.
SBA lender notes for iFoamfrom the SBA Franchise Directory
When the real estate where the franchise business is located will secure the SBA-guaranteed loan, neither the franchisee or affiliate may execute the Site Selection Addendum, Collateral Assignment of Lease and Consent & Agreement of Lessor.
How to use this
The lenders above have actually closed SBA 7(a) loans for iFoam 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 iFoam deal to a lender currently funding this brand.
Financing a iFoam franchise?
We know which lenders are actively funding iFoam deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).