How much do lenders finance for a Spa810 franchise?

The median SBA loan approved for a Spa810 franchise is $372,700, with the middle 80% of loans between $247,000 and $427,900. 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 Spa810 franchises?

By dollars approved, the most active SBA lenders for Spa810 have been Stearns Bank, Wells Fargo Bank, BayFirst National Bank, JPMorgan Chase 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 Spa810 SBA loans?

The median term is 10.2 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 Spa810 franchise

SBA lenders have approved 10 loans against the Spa810 brand since FY2010, totalling $3.5M. The median approval was $372,700. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1599

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$372,700

Typical range

$247K-$428K

Middle 80% of loans

Median term

10.2 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 Spa810

Lender	Loans	Approved
Stearns Bank	7	$2.6M
Wells Fargo Bank	1	$428K
BayFirst National Bank	1	$400K
JPMorgan Chase Bank	1	$100K

Geography

Where Spa810 units were financed

State	Loans	Share
Texas	2
Arkansas	1
Minnesota	1
Arizona	1
Florida	1
New Jersey	1
Georgia	1
Oklahoma	1

Approvals by fiscal year

’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

$50K - $150K
10%
$150K - $350K
30%
$350K - $1M
60%

Financing a Spa810: common questions

How much do lenders finance for a Spa810 franchise?: The median SBA loan approved for a Spa810 franchise is $372,700, with the middle 80% of loans between $247,000 and $427,900. 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 Spa810 franchises?: By dollars approved, the most active SBA lenders for Spa810 have been Stearns Bank, Wells Fargo Bank, BayFirst National Bank, JPMorgan Chase 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 Spa810 SBA loans?: The median term is 10.2 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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