SBA Loans for Waffle House Franchises
Who actually funds Waffle House SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2024 to 2024.
Top lenders funding Waffle House SBA loans
Ranked by number of Waffle House 7(a) loans approved since 2024.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Peoples National Bank National Association | 1 | $250K | $250K |
Source: SBA FOIA 7(a) loan-level data, 2024 to 2024. Shows lenders with at least one approved Waffle House loan in this period, ranked by loan count.
Waffle House SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| IL | 1 | $250K | $250K |
Waffle House SBA loans by year
How Waffle House SBA loans have performed
Outcomes for every funded Waffle House 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
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 Waffle House 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 Waffle House deal to a lender currently funding this brand.
Financing a Waffle House franchise?
We know which lenders are actively funding Waffle House deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).