SBA Loans for Locals Love Us Franchises
Who actually funds Locals Love Us SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2021.
Top lenders funding Locals Love Us SBA loans
Ranked by number of Locals Love Us 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The First National Bank in Sioux Falls | 1 | $123K | $123K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2021. Shows lenders with at least one approved Locals Love Us loan in this period, ranked by loan count.
Locals Love Us SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| SD | 1 | $123K | $123K |
Locals Love Us SBA loans by year
How Locals Love Us SBA loans have performed
Outcomes for every funded Locals Love Us 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 Locals Love Us 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 Locals Love Us deal to a lender currently funding this brand.
Financing a Locals Love Us franchise?
We know which lenders are actively funding Locals Love Us deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).