SBA Loans for Shine Franchises
Who actually funds Shine SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2023 to 2026.
Top lenders funding Shine SBA loans
Ranked by number of Shine 7(a) loans approved since 2023.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 4 | $1.2M | $299K |
| 2 | Newtek Bank, National Association | 3 | $525K | $175K |
| 3 | Regions Bank | 2 | $1.1M | $563K |
| 3 | Manufacturers and Traders Trust Company | 2 | $205K | $103K |
| 3 | United Midwest Savings Bank National Association | 2 | $300K | $150K |
| 6 | Northern Great Lakes Initiatives | 1 | $217K | $217K |
Source: SBA FOIA 7(a) loan-level data, 2023 to 2026. Shows lenders with at least one approved Shine loan in this period, ranked by loan count.
Shine SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 3 | $1.3M | $442K |
| MI | 3 | $1.2M | $397K |
| VA | 2 | $325K | $163K |
| TN | 2 | $220K | $110K |
| MD | 2 | $205K | $103K |
| NV | 1 | $150K | $150K |
| KS | 1 | $150K | $150K |
Shine SBA loans by year
How Shine SBA loans have performed
Outcomes for every funded Shine 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 Shinefrom the SBA Franchise Directory
When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Lease Conditional Assignment Agreement may not be executed.
How to use this
The lenders above have actually closed SBA 7(a) loans for Shine 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 Shine deal to a lender currently funding this brand.
Financing a Shine franchise?
We know which lenders are actively funding Shine deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).