SBA Loans for PrimoHoagies Franchises
Who actually funds PrimoHoagies 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 PrimoHoagies SBA loans
Ranked by number of PrimoHoagies 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Hancock Whitney Bank | 5 | $2.0M | $391K |
| 2 | The Huntington National Bank | 4 | $835K | $209K |
| 3 | TD Bank, National Association | 3 | $150K | $50K |
| 3 | Wilmington Savings Fund Society FSB | 3 | $1.2M | $404K |
| 3 | BayFirst National Bank | 3 | $1.2M | $391K |
| 3 | KeyBank National Association | 3 | $1.2M | $409K |
| 7 | Live Oak Banking Company | 2 | $400K | $200K |
| 7 | Five Star Bank | 2 | $650K | $325K |
| 9 | Provident Bank | 1 | $620K | $620K |
| 9 | Quaint Oak Bank | 1 | $132K | $132K |
| 9 | Truist Bank | 1 | $532K | $532K |
| 9 | United Business Bank | 1 | $338K | $338K |
| 9 | New Valley Bank & Trust | 1 | $440K | $440K |
| 9 | Fidelity Deposit and Discount Bank | 1 | $225K | $225K |
| 9 | First Bank of the Lake | 1 | $549K | $549K |
| 9 | First Merchants Bank | 1 | $1.0M | $1.0M |
| 9 | Newtek Bank, National Association | 1 | $268K | $268K |
| 9 | Academy Bank National Association | 1 | $442K | $442K |
| 9 | New York Business Development Corporation | 1 | $423K | $423K |
| 9 | NYBDC Local Development Corporation dba Pursuit Community Finance | 1 | $288K | $288K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved PrimoHoagies loan in this period, ranked by loan count.
PrimoHoagies SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| PA | 14 | $3.6M | $260K |
| FL | 6 | $2.8M | $463K |
| NJ | 6 | $1.8M | $294K |
| CO | 3 | $1.1M | $364K |
| NY | 2 | $923K | $462K |
| LA | 2 | $625K | $313K |
| SC | 1 | $564K | $564K |
| DE | 1 | $549K | $549K |
| NC | 1 | $532K | $532K |
| MA | 1 | $440K | $440K |
PrimoHoagies SBA loans by year
How PrimoHoagies SBA loans have performed
Outcomes for every funded PrimoHoagies 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 PrimoHoagiesfrom the SBA Franchise Directory
1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Conditional Assignment of Lease and Consent and Agreement of Landlord, 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. 3. The Lease/Leaseback requirement in the franchise agreement is NOT allowed for applicants receiving SBA assistance - If the franchisee or an affiliate of the franchisee owns the real estate - they may not lease it to the franchisor for a lease back requirement.
How to use this
The lenders above have actually closed SBA 7(a) loans for PrimoHoagies 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 PrimoHoagies deal to a lender currently funding this brand.
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