How much do lenders finance for a Mr. Sandless franchise?

The median SBA loan approved for a Mr. Sandless franchise is $67,400, with the middle 80% of loans between $25,000 and $120,000. 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 Mr. Sandless franchises?

By dollars approved, the most active SBA lenders for Mr. Sandless have been First Commonwealth Bank, First Bank of the Lake, Celtic Bank Corporation, TD 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 Mr. Sandless 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 Mr. Sandless franchise

SBA lenders have approved 10 loans against the Mr. Sandless brand since FY2010, totalling $959K. The median approval was $67,400. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1582

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$67,400

Typical range

$25K-$120K

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 Mr. Sandless

Lender	Loans	Approved
First Commonwealth Bank	1	$425K
First Bank of the Lake	1	$120K
Celtic Bank Corporation	1	$90K
TD Bank	1	$75K
Readycap Lending, LLC	1	$68K
AVB Bank	1	$67K
Wells Fargo Bank	2	$54K
CDC Small Business Finance Corp.	1	$35K

Geography

Where Mr. Sandless units were financed

State	Loans	Share
Pennsylvania	2
California	2
Virginia	1
Colorado	1
Texas	1
Illinois	1
Ohio	1
North Carolina	1

Approvals by fiscal year

’11

’12

’13

’17

’18

’19

’23

’25

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
40%
$50K - $150K
50%
$350K - $1M
10%

Financing a Mr. Sandless: common questions

How much do lenders finance for a Mr. Sandless franchise?: The median SBA loan approved for a Mr. Sandless franchise is $67,400, with the middle 80% of loans between $25,000 and $120,000. 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 Mr. Sandless franchises?: By dollars approved, the most active SBA lenders for Mr. Sandless have been First Commonwealth Bank, First Bank of the Lake, Celtic Bank Corporation, TD 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 Mr. Sandless 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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