How much do lenders finance for a Maid-rite Sandwich Shop franchise?

The median SBA loan approved for a Maid-rite Sandwich Shop franchise is $205,100, with the middle 80% of loans between $75,000 and $349,000. 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 Maid-rite Sandwich Shop franchises?

By dollars approved, the most active SBA lenders for Maid-rite Sandwich Shop have been Canvas Credit Union, Ohnward Bank & Trust, Iowa Business Growth Company, Old 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 Maid-rite Sandwich Shop SBA loans?

The median term is 8.3 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 Maid-rite Sandwich Shop franchise

SBA lenders have approved 15 loans against the Maid-rite Sandwich Shop brand since FY2010, totalling $2.8M. The median approval was $205,100. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1170

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$205,100

Typical range

$75K-$349K

Middle 80% of loans

Median term

8.3 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 Maid-rite Sandwich Shop

Lender	Loans	Approved
Canvas Credit Union	2	$733K
Ohnward Bank & Trust	1	$325K
Iowa Business Growth Company	1	$288K
Old National Bank	1	$270K
Southern Bank	1	$253K
First Security Bank-Sleepy Eye	1	$247K
First Interstate Bank	1	$205K
Great Southern Bank	3	$175K

Geography

Where Maid-rite Sandwich Shop units were financed

State	Loans	Share
Iowa	8
Colorado	2
Minnesota	2
Missouri	1
Wisconsin	1
Utah	1

Approvals by fiscal year

’10

’11

’12

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
7%
$50K - $150K
40%
$150K - $350K
47%
$350K - $1M
7%

Financing a Maid-rite Sandwich Shop: common questions

How much do lenders finance for a Maid-rite Sandwich Shop franchise?: The median SBA loan approved for a Maid-rite Sandwich Shop franchise is $205,100, with the middle 80% of loans between $75,000 and $349,000. 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 Maid-rite Sandwich Shop franchises?: By dollars approved, the most active SBA lenders for Maid-rite Sandwich Shop have been Canvas Credit Union, Ohnward Bank & Trust, Iowa Business Growth Company, Old 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 Maid-rite Sandwich Shop SBA loans?: The median term is 8.3 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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