How much do lenders finance for a Planet Sub franchise?

The median SBA loan approved for a Planet Sub franchise is $229,800, with the middle 80% of loans between $25,000 and $384,600. 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 Planet Sub franchises?

By dollars approved, the most active SBA lenders for Planet Sub have been The Central Trust Bank, Midwest Regional Bank, Equity Bank, Core 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 Planet Sub SBA loans?

The median term is 8.1 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 Planet Sub franchise

SBA lenders have approved 14 loans against the Planet Sub brand since FY2010, totalling $3.2M. The median approval was $229,800. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1262

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$229,800

Typical range

$25K-$385K

Middle 80% of loans

Median term

8.1 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 Planet Sub

Lender	Loans	Approved
The Central Trust Bank	2	$765K
Midwest Regional Bank	1	$660K
Equity Bank	2	$300K
Core Bank	2	$275K
The Huntington National Bank	2	$270K
German American Bank	2	$269K
Frost Bank	1	$267K
Renasant Bank	1	$216K

Geography

Where Planet Sub units were financed

State	Loans	Share
Kansas	4
Missouri	2
Ohio	2
Nebraska	2
Michigan	2
Georgia	1
Texas	1

Approvals by fiscal year

’12

’13

’15

’16

’17

’18

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
21%
$150K - $350K
57%
$350K - $1M
21%

Financing a Planet Sub: common questions

How much do lenders finance for a Planet Sub franchise?: The median SBA loan approved for a Planet Sub franchise is $229,800, with the middle 80% of loans between $25,000 and $384,600. 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 Planet Sub franchises?: By dollars approved, the most active SBA lenders for Planet Sub have been The Central Trust Bank, Midwest Regional Bank, Equity Bank, Core 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 Planet Sub SBA loans?: The median term is 8.1 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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