How much do lenders finance for a Chip franchise?

The median SBA loan approved for a Chip franchise is $422,600, with the middle 80% of loans between $300,000 and $500,000. 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 Chip franchises?

By dollars approved, the most active SBA lenders for Chip have been Community Banks of Colorado, A Division of NBH Bank, First Bank of the Lake, The Bancorp Bank, The Huntington National Bank. 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 Chip SBA loans?

The median term is 10.4 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.

Franchise financing

Financing a Chip franchise

SBA lenders have approved 10 loans against the Chip brand since FY2010, totalling $4.0M. The median approval was $422,600. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1637

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$422,600

Typical range

$300K-$500K

Middle 80% of loans

Median term

10.4 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 Chip

Lender	Loans	Approved
Community Banks of Colorado, A Division of NBH Bank	3	$1.1M
First Bank of the Lake	2	$927K
The Bancorp Bank	1	$700K
The Huntington National Bank	2	$500K
First National Bank of Coffee County	1	$499K
Glacier Bank	1	$315K

Geography

Where Chip units were financed

State	Loans	Share
California	5
Utah	3
Idaho	1
Texas	1

Approvals by fiscal year

’22

’23

’24

Loan count by fiscal year - a rough proxy for how fast the brand was opening units. Final bar is a partial year.

Loan sizes

Under $50K
10%
$150K - $350K
20%
$350K - $1M
70%

Financing a Chip: common questions

How much do lenders finance for a Chip franchise?: The median SBA loan approved for a Chip franchise is $422,600, with the middle 80% of loans between $300,000 and $500,000. 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 Chip franchises?: By dollars approved, the most active SBA lenders for Chip have been Community Banks of Colorado, A Division of NBH Bank, First Bank of the Lake, The Bancorp Bank, The Huntington National Bank. 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 Chip SBA loans?: The median term is 10.4 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.

Compare other brands

Median loan size and charge-off rate across every franchise in the SBA record.

How SBA 7(a) works

The programme most franchise buyers use, explained end to end.

Buying a franchise with an SBA loan

Equity injection, the franchise directory, and what lenders check.

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