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Franchises›Newk's/Newk's Eatery
SBA Franchise IDS1191✓ SBA-eligible franchise· listed since 2017

SBA Loans for Newk's/Newk's Eatery Franchises

Who actually funds Newk's/Newk's Eatery 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.

1
SBA 7(a) loans
$831K
Total approved
$831K
Avg loan size
1
Lenders

Top lenders funding Newk's/Newk's Eatery SBA loans

Ranked by number of Newk's/Newk's Eatery 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1The Huntington National Bank1$831K$831K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2021. Shows lenders with at least one approved Newk's/Newk's Eatery loan in this period, ranked by loan count.

Newk's/Newk's Eatery SBA loans by state

StateLoansTotal VolumeAvg Loan
GA1$831K$831K

Newk's/Newk's Eatery SBA loans by year

FY2021
1
$831K

How Newk's/Newk's Eatery SBA loans have performed

Outcomes for every funded Newk's/Newk's Eatery 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
2 of 7
28.6% · SBA paid out on the guaranty
Charged off
2 of 7
28.6% · Written off (part of defaulted)
Paid in full
3 of 7
42.9% · Loan fully repaid
Still active
2 of 7
28.6% · Open and not in default

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 Newk's/Newk's Eateryfrom the SBA Franchise Directory

1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Conditional Lease Assignment may not be executed. 2. Lender/CDC must ensure they obtain the correct lien position on all collateral as required pursuant to the SOP 50 10 .

How to use this

The lenders above have actually closed SBA 7(a) loans for Newk's/Newk's Eatery 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 Newk's/Newk's Eatery deal to a lender currently funding this brand.

Financing a Newk's/Newk's Eatery franchise?

We know which lenders are actively funding Newk's/Newk's Eatery deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).