Franchise financing
Financing a East Coast Wings & Grill franchise
SBA lenders have approved 12 loans against the East Coast Wings & Grill brand since FY2010, totalling $7.9M. The median approval was $643,500. These are loans that actually closed - not projections from a disclosure document.
Rank by loan count
#1398
of 1,651 brands
Loans approved
12
FY2010 onward
Median loan
$643,500
Typical range
$150K-$1.2M
Middle 80% of loans
Median term
10.2 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 East Coast Wings & Grill
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Centennial Bank | 2 | $2.1M | |
| United Community Bank | 2 | $2.1M | |
| SouthState Bank | 1 | $732K | |
| The Bancorp Bank | 1 | $710K | |
| Ameris Bank | 1 | $667K | |
| Stearns Bank | 1 | $620K | |
| First Horizon Bank | 1 | $350K | |
| The First Bank and Trust Company | 1 | $350K |
Geography
Where East Coast Wings & Grill units were financed
| State | Loans | Share |
|---|---|---|
| North Carolina | 5 | |
| Tennessee | 3 | |
| South Carolina | 2 | |
| Pennsylvania | 1 | |
| Virginia | 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 - $150K8%
- $150K - $350K17%
- $350K - $1M58%
- $1M - $2M8%
- Over $2M8%
Financing a East Coast Wings & Grill: common questions
- How much do lenders finance for a East Coast Wings & Grill franchise?
- The median SBA loan approved for a East Coast Wings & Grill franchise is $643,500, with the middle 80% of loans between $150,000 and $1,224,000. 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 East Coast Wings & Grill franchises?
- By dollars approved, the most active SBA lenders for East Coast Wings & Grill have been Centennial Bank, United Community Bank, SouthState Bank, The Bancorp 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 East Coast Wings & Grill SBA loans?
- The median term is 10.2 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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