How much do lenders finance for a Iga Food Stores franchise?

The median SBA loan approved for a Iga Food Stores franchise is $845,000, with the middle 80% of loans between $240,000 and $1,964,000. 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 Iga Food Stores franchises?

By dollars approved, the most active SBA lenders for Iga Food Stores have been Frontier Financial Partners, Inc., JPMorgan Chase Bank, Ally Dakota Development, Inc., The First National Bank of Elmer. 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 Iga Food Stores SBA loans?

The median term is 20 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 Iga Food Stores franchise

SBA lenders have approved 14 loans against the Iga Food Stores brand since FY2010, totalling $13.2M. The median approval was $845,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1234

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$845,000

Typical range

$240K-$2.0M

Middle 80% of loans

Median term

20 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 Iga Food Stores

Lender	Loans	Approved
Frontier Financial Partners, Inc.	2	$2.9M
JPMorgan Chase Bank	1	$2.5M
Ally Dakota Development, Inc.	2	$1.9M
The First National Bank of Elmer	1	$1.3M
Celtic Bank Corporation	1	$1.1M
Ohio Statewide Development Corporation	2	$997K
Ameris Bank	1	$853K
Peoples Bank	1	$678K

Geography

Where Iga Food Stores units were financed

State	Loans	Share
Ohio	3
Kansas	2
South Dakota	2
Georgia	2
Wisconsin	1
Illinois	1
New Jersey	1
Kentucky	1

Approvals by fiscal year

’10

’11

’12

’14

’15

’16

’17

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
21%
$350K - $1M
43%
$1M - $2M
29%
Over $2M
7%

Financing a Iga Food Stores: common questions

How much do lenders finance for a Iga Food Stores franchise?: The median SBA loan approved for a Iga Food Stores franchise is $845,000, with the middle 80% of loans between $240,000 and $1,964,000. 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 Iga Food Stores franchises?: By dollars approved, the most active SBA lenders for Iga Food Stores have been Frontier Financial Partners, Inc., JPMorgan Chase Bank, Ally Dakota Development, Inc., The First National Bank of Elmer. 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 Iga Food Stores SBA loans?: The median term is 20 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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