Franchise financing
Financing a Blimpie franchise
SBA lenders have approved 13 loans against the Blimpie brand since FY2010, totalling $3.7M. The median approval was $166,800. These are loans that actually closed - not projections from a disclosure document.
Rank by loan count
#1292
of 1,651 brands
Loans approved
13
FY2010 onward
Median loan
$166,800
Typical range
$70K-$1.1M
Middle 80% of loans
Median term
10 yr
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who financed Blimpie
| Lender | Loans | Approved | Share |
|---|---|---|---|
| New Millennium Bank | 1 | $1.1M | |
| East West Bank | 1 | $1.1M | |
| Stearns Bank | 2 | $336K | |
| Capital Matrix, Inc. | 1 | $269K | |
| Liberty Bank | 1 | $200K | |
| Carolina Business Capital, Inc. | 1 | $178K | |
| Newtek Small Business Finance, Inc. | 1 | $167K | |
| Bank of the Sierra | 2 | $140K |
Geography
Where Blimpie units were financed
| State | Loans | Share |
|---|---|---|
| California | 3 | |
| Idaho | 2 | |
| North Carolina | 1 | |
| Connecticut | 1 | |
| Utah | 1 | |
| New Jersey | 1 | |
| South Carolina | 1 | |
| Nebraska | 1 |
Approvals by fiscal year
Loan count by fiscal year - a rough proxy for how fast the brand was opening units. Final bar is a partial year.
Loan sizes
- $50K - $150K46%
- $150K - $350K38%
- $1M - $2M15%
Financing a Blimpie: common questions
- How much do lenders finance for a Blimpie franchise?
- The median SBA loan approved for a Blimpie franchise is $166,800, with the middle 80% of loans between $70,000 and $1,050,000. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.
- Which lenders finance Blimpie franchises?
- By dollars approved, the most active SBA lenders for Blimpie have been New Millennium Bank, East West Bank, Stearns Bank, Capital Matrix, Inc.. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.
- How long are Blimpie SBA loans?
- The median term is 10 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.
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