How much do lenders finance for a Perkins Restaurant & Bakery franchise?

The median SBA loan approved for a Perkins Restaurant & Bakery franchise is $1,180,000, with the middle 80% of loans between $143,000 and $1,385,600. 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 Perkins Restaurant & Bakery franchises?

By dollars approved, the most active SBA lenders for Perkins Restaurant & Bakery have been Merchants Bank of Indiana, First Merchants Bank, Heritage Bank, Peoples Community 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 Perkins Restaurant & Bakery SBA loans?

The median term is 16 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 Perkins Restaurant & Bakery franchise

SBA lenders have approved 12 loans against the Perkins Restaurant & Bakery brand since FY2010, totalling $12.1M. The median approval was $1,180,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1367

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$1,180,000

Typical range

$143K-$1.4M

Middle 80% of loans

Median term

16 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 Perkins Restaurant & Bakery

Lender	Loans	Approved
Merchants Bank of Indiana	1	$2.6M
First Merchants Bank	2	$2.4M
Heritage Bank	1	$1.4M
Peoples Community Bank	1	$1.3M
Premier Capital Corporation	1	$1.2M
South Story Bank & Trust	1	$1.2M
Port 51 Lending LLC	1	$859K
Mortgage Capital Development Corporation	1	$505K

Geography

Where Perkins Restaurant & Bakery units were financed

State	Loans	Share
Indiana	3
Minnesota	2
Kansas	2
Arizona	1
South Dakota	1
Oregon	1
Florida	1
Missouri	1

Approvals by fiscal year

’14

’16

’17

’18

’19

’20

’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

$50K - $150K
17%
$350K - $1M
25%
$1M - $2M
50%
Over $2M
8%

Financing a Perkins Restaurant & Bakery: common questions

How much do lenders finance for a Perkins Restaurant & Bakery franchise?: The median SBA loan approved for a Perkins Restaurant & Bakery franchise is $1,180,000, with the middle 80% of loans between $143,000 and $1,385,600. 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 Perkins Restaurant & Bakery franchises?: By dollars approved, the most active SBA lenders for Perkins Restaurant & Bakery have been Merchants Bank of Indiana, First Merchants Bank, Heritage Bank, Peoples Community 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 Perkins Restaurant & Bakery SBA loans?: The median term is 16 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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