SBA Loans for Knockouts Franchises
Who actually funds Knockouts SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2025.
Top lenders funding Knockouts SBA loans
Ranked by number of Knockouts 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 8 | $1.5M | $182K |
| 2 | First Bank of the Lake | 1 | $400K | $400K |
| 2 | Stearns Bank National Association | 1 | $255K | $255K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2025. Shows lenders with at least one approved Knockouts loan in this period, ranked by loan count.
Knockouts SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| IN | 5 | $977K | $195K |
| TX | 2 | $680K | $340K |
| NE | 1 | $255K | $255K |
| MI | 2 | $202K | $101K |
Knockouts SBA loans by year
How Knockouts SBA loans have performed
Outcomes for every funded Knockouts 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 Knockoutsfrom the SBA Franchise Directory
1. Lender/CDC must obtain an affidavit signed by the Applicant that the business is open to both men and women and document their file with evidence that the facility is open to both men and women, such as appropriate bath/locker rooms, or documented membership demographics. Contact franchise@sba.gov for a template of the affidavit. 2. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Lease Rider may not be executed. 3. Franchisor is prohibited from exercising the Purchase Option if the real estate is owned by the franchisee or an affiliate of the franchisee and used as collateral for the SBA loan.
How to use this
The lenders above have actually closed SBA 7(a) loans for Knockouts 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 Knockouts deal to a lender currently funding this brand.
Financing a Knockouts franchise?
We know which lenders are actively funding Knockouts deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).