SBA Loans for Spenga Franchises
Who actually funds Spenga 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 Spenga SBA loans
Ranked by number of Spenga 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | TowneBank | 7 | $4.3M | $612K |
| 2 | Beacon Bank and Trust | 5 | $3.9M | $789K |
| 3 | Choice Financial Group | 1 | $656K | $656K |
| 3 | Evolve Bank and Trust | 1 | $987K | $987K |
| 3 | First Bank | 1 | $108K | $108K |
| 3 | Port 51 Lending LLC | 1 | $634K | $634K |
| 3 | Security National Bank of Omaha | 1 | $843K | $843K |
| 3 | The State Bank and Trust Company | 1 | $665K | $665K |
| 3 | United Community Bank | 1 | $740K | $740K |
| 3 | Wells Fargo Bank National Association | 1 | $460K | $460K |
| 3 | Centier Bank | 1 | $350K | $350K |
Source: SBA FOIA 7(a) loan-level data, 2021–2026. Shows lenders with at least one approved Spenga loan in this period, ranked by loan count.
Spenga SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| NJ | 4 | $3.2M | $807K |
| CO | 4 | $2.2M | $551K |
| IN | 2 | $1.3M | $668K |
| CA | 2 | $1.2M | $622K |
| PA | 1 | $1.0M | $1.0M |
| FL | 1 | $903K | $903K |
| SC | 2 | $848K | $424K |
| TX | 1 | $843K | $843K |
| NC | 2 | $746K | $373K |
| OH | 1 | $665K | $665K |
| MN | 1 | $656K | $656K |
Spenga SBA loans by year
SBA lender notes for Spengafrom the SBA Franchise Directory
1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Collateral Assignment and Assumption of Lease and Consent and agreement of Landlord may not be executed. 2.Lender/CDC must obtain an affidavit signed by the Applicant that the business is open to both men and women and document their file with evidence that the facility is open to both men and women, such as appropriate bath/locker rooms, or documented membership demographics. Contact franchise@sba.gov for a template of the affidavit.
How to use this
The lenders above have actually closed SBA 7(a) loans for Spenga 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 Spenga deal to a lender currently funding this brand.
Financing a Spenga franchise?
We know which lenders are actively funding Spenga deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).