How much do lenders finance for a Hangry Joe's Hot Chicken franchise?

The median SBA loan approved for a Hangry Joe's Hot Chicken franchise is $371,000, with the middle 80% of loans between $270,000 and $657,300. 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 Hangry Joe's Hot Chicken franchises?

By dollars approved, the most active SBA lenders for Hangry Joe's Hot Chicken have been VelocitySBA, LLC, Truliant FCU, Citizens Bank, Alma 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 Hangry Joe's Hot Chicken 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.

Franchise financing

Financing a Hangry Joe's Hot Chicken franchise

SBA lenders have approved 11 loans against the Hangry Joe's Hot Chicken brand since FY2010, totalling $4.5M. The median approval was $371,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1523

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$371,000

Typical range

$270K-$657K

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 Hangry Joe's Hot Chicken

Lender	Loans	Approved
VelocitySBA, LLC	2	$1.1M
Truliant FCU	2	$992K
Citizens Bank	1	$500K
Alma Bank	1	$400K
Truist Bank	1	$371K
Hanmi Bank	1	$345K
Pinnacle Bank	1	$321K
Newtek Bank	1	$270K

Geography

Where Hangry Joe's Hot Chicken units were financed

State	Loans	Share
Virginia	4
Maryland	3
New Jersey	2
Texas	1
Oklahoma	1

Approvals by fiscal year

’23

’24

’25

’26

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

Loan sizes

$150K - $350K
45%
$350K - $1M
55%

Financing a Hangry Joe's Hot Chicken: common questions

How much do lenders finance for a Hangry Joe's Hot Chicken franchise?: The median SBA loan approved for a Hangry Joe's Hot Chicken franchise is $371,000, with the middle 80% of loans between $270,000 and $657,300. 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 Hangry Joe's Hot Chicken franchises?: By dollars approved, the most active SBA lenders for Hangry Joe's Hot Chicken have been VelocitySBA, LLC, Truliant FCU, Citizens Bank, Alma 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 Hangry Joe's Hot Chicken 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.

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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