SBA Loans for The Spice & Tea Exchange Franchises
Who actually funds The Spice & Tea Exchange SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2025.
Top lenders funding The Spice & Tea Exchange SBA loans
Ranked by number of The Spice & Tea Exchange 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 9 | $1.7M | $187K |
| 2 | First Bank of the Lake | 2 | $575K | $288K |
| 2 | Manufacturers and Traders Trust Company | 2 | $286K | $143K |
| 4 | 22nd State Bank, A Division of 22nd State Banking Company | 1 | $230K | $230K |
| 4 | Members Cooperative Credit Union | 1 | $290K | $290K |
| 4 | Readycap Lending, LLC | 1 | $500K | $500K |
| 4 | First Merchants Bank | 1 | $350K | $350K |
| 4 | ACC Capital | 1 | $260K | $260K |
| 4 | Cogent Bank | 1 | $241K | $241K |
Source: SBA FOIA 7(a) loan-level data, 2021–2025. Shows lenders with at least one approved The Spice & Tea Exchange loan in this period, ranked by loan count.
The Spice & Tea Exchange SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| IN | 3 | $750K | $250K |
| FL | 2 | $606K | $303K |
| OH | 4 | $600K | $150K |
| MI | 3 | $590K | $197K |
| CT | 1 | $500K | $500K |
| TN | 1 | $300K | $300K |
| MN | 1 | $290K | $290K |
| MD | 2 | $286K | $143K |
| AR | 1 | $260K | $260K |
| NC | 1 | $230K | $230K |
The Spice & Tea Exchange SBA loans by year
How to use this
The lenders above have actually closed SBA 7(a) loans for The Spice & Tea Exchange 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 The Spice & Tea Exchange deal to a lender currently funding this brand.
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