How much do lenders finance for a Togo's and TOGO'S franchise?

The median SBA loan approved for a Togo's and TOGO'S franchise is $350,000, with the middle 80% of loans between $157,000 and $995,000. 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 Togo's and TOGO'S franchises?

By dollars approved, the most active SBA lenders for Togo's and TOGO'S have been Celtic Bank Corporation, United Business Bank, Port 51 Lending LLC, BMO 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 Togo's and TOGO'S SBA loans?

The median term is 10 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 Togo's and TOGO'S franchise

SBA lenders have approved 16 loans against the Togo's and TOGO'S brand since FY2010, totalling $10.0M. The median approval was $350,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1144

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$350,000

Typical range

$157K-$995K

Middle 80% of loans

Median term

10 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 Togo's and TOGO'S

Lender	Loans	Approved
Celtic Bank Corporation	2	$4.4M
United Business Bank	4	$1.7M
Port 51 Lending LLC	1	$995K
BMO Bank	2	$700K
First Bank of the Lake	1	$670K
Craft Bank	1	$440K
Stearns Bank	1	$350K
West Coast Community Bank	1	$300K

Geography

Where Togo's and TOGO'S units were financed

State	Loans	Share
California	14
Michigan	1
Nevada	1

Approvals by fiscal year

’18

’19

’20

’21

’22

’23

’24

’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

$50K - $150K
13%
$150K - $350K
31%
$350K - $1M
50%
Over $2M
6%

Financing a Togo's and TOGO'S: common questions

How much do lenders finance for a Togo's and TOGO'S franchise?: The median SBA loan approved for a Togo's and TOGO'S franchise is $350,000, with the middle 80% of loans between $157,000 and $995,000. 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 Togo's and TOGO'S franchises?: By dollars approved, the most active SBA lenders for Togo's and TOGO'S have been Celtic Bank Corporation, United Business Bank, Port 51 Lending LLC, BMO 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 Togo's and TOGO'S SBA loans?: The median term is 10 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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