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Franchises›Penn Station East Coast Subs
SBA Franchise IDS2231✓ SBA-eligible franchise· listed since 2017

SBA Loans for Penn Station East Coast Subs Franchises

Who actually funds Penn Station East Coast Subs 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.

12
SBA 7(a) loans
$9.6M
Total approved
$796K
Avg loan size
8
Lenders

Top lenders funding Penn Station East Coast Subs SBA loans

Ranked by number of Penn Station East Coast Subs 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1The Huntington National Bank4$350K$88K
2Fifth Third Bank2$1.3M$673K
3Heritage Bank Inc1$1.5M$1.5M
3Pathward National Association1$515K$515K
3Republic Bank & Trust Company1$4.7M$4.7M
31st Source Bank1$410K$410K
3United FCU1$573K$573K
3BayFirst National Bank1$150K$150K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Penn Station East Coast Subs loan in this period, ranked by loan count.

Penn Station East Coast Subs SBA loans by state

StateLoansTotal VolumeAvg Loan
KY1$4.7M$4.7M
OH3$3.0M$992K
MI6$1.3M$220K
IN2$560K$280K

Penn Station East Coast Subs SBA loans by year

FY2021
4
$4.8M
FY2022
2
$1.6M
FY2023
2
$715K
FY2024
1
$150K
FY2025
1
$573K
FY2026
2
$1.7M

How Penn Station East Coast Subs SBA loans have performed

Outcomes for every funded Penn Station East Coast Subs 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
0 of 15
0.0% · SBA paid out on the guaranty
Charged off
0 of 15
0.0% · Written off (part of defaulted)
Paid in full
4 of 15
26.7% · Loan fully repaid
Still active
11 of 15
73.3% · 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.

How to use this

The lenders above have actually closed SBA 7(a) loans for Penn Station East Coast Subs 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 Penn Station East Coast Subs deal to a lender currently funding this brand.

Financing a Penn Station East Coast Subs franchise?

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