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Franchises›Sully's Steamers
SBA Franchise IDS6424

SBA Loans for Sully's Steamers Franchises

Who actually funds Sully's Steamers SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2025.

10
SBA 7(a) loans
$5.2M
Total approved
$517K
Avg loan size
3
Lenders

Top lenders funding Sully's Steamers SBA loans

Ranked by number of Sully's Steamers 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1Pinnacle Bank7$4.0M$568K
2SouthState Bank, National Association2$716K$358K
3Security Federal Bank1$477K$477K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2025. Shows lenders with at least one approved Sully's Steamers loan in this period, ranked by loan count.

Sully's Steamers SBA loans by state

StateLoansTotal VolumeAvg Loan
SC6$2.9M$485K
GA3$1.7M$557K
NC1$583K$583K

Sully's Steamers SBA loans by year

FY2021
1
$385K
FY2022
1
$624K
FY2023
3
$1.3M
FY2024
2
$986K
FY2025
3
$1.9M

How Sully's Steamers SBA loans have performed

Outcomes for every funded Sully's Steamers 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
0 of 9
0.0% · SBA paid out on the guaranty
Charged off
0 of 9
0.0% · Written off (part of defaulted)
Paid in full
1 of 9
11.1% · Loan fully repaid
Still active
8 of 9
88.9% · Open and not in default

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.

How to use this

The lenders above have actually closed SBA 7(a) loans for Sully's Steamers 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 Sully's Steamers deal to a lender currently funding this brand.

Financing a Sully's Steamers franchise?

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