sbaloanshq
Franchises›The Simple Greek
SBA Franchise IDS2077

SBA Loans for The Simple Greek Franchises

Who actually funds The Simple Greek SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2021.

1
SBA 7(a) loans
$620K
Total approved
$620K
Avg loan size
1
Lenders

Top lenders funding The Simple Greek SBA loans

Ranked by number of The Simple Greek 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1Beacon Bank and Trust1$620K$620K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2021. Shows lenders with at least one approved The Simple Greek loan in this period, ranked by loan count.

The Simple Greek SBA loans by state

StateLoansTotal VolumeAvg Loan
MI1$620K$620K

The Simple Greek SBA loans by year

FY2021
1
$620K

How The Simple Greek SBA loans have performed

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

Defaulted
2 of 16
12.5% · SBA paid out on the guaranty
Charged off
2 of 16
12.5% · Written off (part of defaulted)
Paid in full
6 of 16
37.5% · Loan fully repaid
Still active
8 of 16
50.0% · 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 The Simple Greek 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 The Simple Greek deal to a lender currently funding this brand.

Financing a The Simple Greek franchise?

We know which lenders are actively funding The Simple Greek deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).