SBA Loans for Sonic Franchises
Who actually funds Sonic SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2026.
Top lenders funding Sonic SBA loans
Ranked by number of Sonic 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 8 | $18.6M | $2.3M |
| 2 | Webster Bank National Association | 3 | $2.9M | $954K |
| 3 | Enterprise Bank | 1 | $217K | $217K |
| 3 | First Bank of the Lake | 1 | $637K | $637K |
| 3 | Glacier Bank | 1 | $170K | $170K |
| 3 | SNB Bank, National Association | 1 | $801K | $801K |
| 3 | United Business Bank | 1 | $2.5M | $2.5M |
| 3 | Village Bank and Trust, National Association | 1 | $1.3M | $1.3M |
| 3 | Bank Five Nine | 1 | $126K | $126K |
| 3 | Zions Bank, A Division of | 1 | $100K | $100K |
| 3 | Celtic Bank Corporation | 1 | $2.7M | $2.7M |
Source: SBA FOIA 7(a) loan-level data, 2021–2026. Shows lenders with at least one approved Sonic loan in this period, ranked by loan count.
Sonic SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| CA | 6 | $11.8M | $2.0M |
| FL | 4 | $8.3M | $2.1M |
| MN | 1 | $5.0M | $5.0M |
| RI | 3 | $2.9M | $954K |
| OK | 1 | $801K | $801K |
| IN | 1 | $637K | $637K |
| PA | 1 | $217K | $217K |
| WY | 1 | $170K | $170K |
| VA | 1 | $126K | $126K |
| CO | 1 | $100K | $100K |
Sonic SBA loans by year
SBA lender notes for Sonicfrom the SBA Franchise Directory
When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Option to Assume Lease may not be executed.
How to use this
The lenders above have actually closed SBA 7(a) loans for Sonic 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 — we match your Sonic deal to a lender currently funding this brand.
Financing a Sonic franchise?
We know which lenders are actively funding Sonic deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).