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Franchises›Which Wich
SBA Franchise IDS1917✓ SBA-eligible franchise· listed since 2017

SBA Loans for Which Wich Franchises

Who actually funds Which Wich SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2023.

5
SBA 7(a) loans
$1.8M
Total approved
$365K
Avg loan size
3
Lenders

Top lenders funding Which Wich SBA loans

Ranked by number of Which Wich 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1Live Oak Banking Company2$1.2M$581K
1The Huntington National Bank2$380K$190K
31st Source Bank1$281K$281K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2023. Shows lenders with at least one approved Which Wich loan in this period, ranked by loan count.

Which Wich SBA loans by state

StateLoansTotal VolumeAvg Loan
VA2$1.2M$581K
TX2$380K$190K
IN1$281K$281K

Which Wich SBA loans by year

FY2021
2
$1.1M
FY2023
3
$680K

How Which Wich SBA loans have performed

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

Defaulted
4 of 37
10.8% · SBA paid out on the guaranty
Charged off
4 of 37
10.8% · Written off (part of defaulted)
Paid in full
20 of 37
54.1% · Loan fully repaid
Still active
13 of 37
35.1% · 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 Which Wich 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 Which Wich deal to a lender currently funding this brand.

Financing a Which Wich franchise?

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