SBA Loans for Whit's Frozen Custard Franchises
Who actually funds Whit's Frozen Custard SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Whit's Frozen Custard SBA loans
Ranked by number of Whit's Frozen Custard 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 9 | $1.4M | $161K |
| 2 | Lake Michigan CU | 1 | $241K | $241K |
| 2 | LGE Community CU | 1 | $423K | $423K |
| 2 | Queensborough National Bank and Trust Company | 1 | $100K | $100K |
| 2 | The Fahey Banking Company | 1 | $272K | $272K |
| 2 | The Farmers National Bank of Canfield | 1 | $300K | $300K |
| 2 | Harvest Small Business Finance, LLC | 1 | $567K | $567K |
| 2 | The State Bank and Trust Company | 1 | $350K | $350K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Whit's Frozen Custard loan in this period, ranked by loan count.
Whit's Frozen Custard SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| OH | 5 | $1.2M | $239K |
| NC | 3 | $858K | $286K |
| TN | 3 | $656K | $219K |
| GA | 2 | $523K | $261K |
| FL | 3 | $468K | $156K |
Whit's Frozen Custard SBA loans by year
How Whit's Frozen Custard SBA loans have performed
Outcomes for every funded Whit's Frozen Custard 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.
SBA lender notes for Whit's Frozen Custardfrom the SBA Franchise Directory
Franchisor may not enforce a Purchase Option on Real Estate owned by the franchisee or an affiliate of the franchisee if taken as collateral for the SBA Loan.
How to use this
The lenders above have actually closed SBA 7(a) loans for Whit's Frozen Custard 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 Whit's Frozen Custard deal to a lender currently funding this brand.
Financing a Whit's Frozen Custard franchise?
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