SBA Loans for NerdsToGo Franchises
Who actually funds NerdsToGo SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding NerdsToGo SBA loans
Ranked by number of NerdsToGo 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 10 | $1.5M | $145K |
| 2 | United Midwest Savings Bank National Association | 2 | $260K | $130K |
| 2 | Five Star Bank | 2 | $413K | $206K |
| 2 | John Marshall Bank | 2 | $250K | $125K |
| 5 | Bank Five Nine | 1 | $142K | $142K |
| 5 | NBT Bank, National Association | 1 | $160K | $160K |
| 5 | North State Bank | 1 | $204K | $204K |
| 5 | First United Bank and Trust Company | 1 | $167K | $167K |
| 5 | Citizens Bank | 1 | $297K | $297K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved NerdsToGo loan in this period, ranked by loan count.
NerdsToGo SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| LA | 4 | $651K | $163K |
| NC | 4 | $594K | $148K |
| VA | 3 | $547K | $182K |
| TX | 2 | $367K | $184K |
| PA | 2 | $355K | $177K |
| IL | 2 | $328K | $164K |
| WA | 2 | $236K | $118K |
| NH | 1 | $160K | $160K |
| CO | 1 | $110K | $110K |
NerdsToGo SBA loans by year
How NerdsToGo SBA loans have performed
Outcomes for every funded NerdsToGo 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 NerdsToGo 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 NerdsToGo deal to a lender currently funding this brand.
Financing a NerdsToGo franchise?
We know which lenders are actively funding NerdsToGo deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).