SBA Loans for SomiSomi Franchises
Who actually funds SomiSomi SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2022 to 2026.
Top lenders funding SomiSomi SBA loans
Ranked by number of SomiSomi 7(a) loans approved since 2022.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Hanmi Bank | 3 | $960K | $320K |
| 2 | Commonwealth Business Bank | 1 | $245K | $245K |
| 2 | CRF Small Business Loan Company, LLC | 1 | $669K | $669K |
| 2 | Global One Bank | 1 | $145K | $145K |
Source: SBA FOIA 7(a) loan-level data, 2022 to 2026. Shows lenders with at least one approved SomiSomi loan in this period, ranked by loan count.
SomiSomi SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 4 | $1.1M | $288K |
| CO | 1 | $669K | $669K |
| CA | 1 | $200K | $200K |
SomiSomi SBA loans by year
How SomiSomi SBA loans have performed
Outcomes for every funded SomiSomi 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 SomiSomifrom 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 Provisions may not be executed. 2. Lender/CDC must ensure they obtain the correct lien position on all collateral as required pursuant to SOP 50 10. 3. Franchisor may not enforce the Purchase Option on Real Estate owned by the franchisee or an affiliate of the franchisee if taken as collateral for an SBA Loan.
How to use this
The lenders above have actually closed SBA 7(a) loans for SomiSomi 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 SomiSomi deal to a lender currently funding this brand.
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