How much do lenders finance for a Tom and Chee franchise?

The median SBA loan approved for a Tom and Chee franchise is $202,500, with the middle 80% of loans between $131,300 and $378,000. 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 Tom and Chee franchises?

By dollars approved, the most active SBA lenders for Tom and Chee have been Simmons Bank, The Huntington National Bank, Stearns Bank, First National Bank of Pennsylvania. 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 Tom and Chee SBA loans?

The median term is 7.9 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 Tom and Chee franchise

SBA lenders have approved 26 loans against the Tom and Chee brand since FY2010, totalling $5.8M. The median approval was $202,500. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#809

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$202,500

Typical range

$131K-$378K

Middle 80% of loans

Median term

7.9 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 Tom and Chee

Lender	Loans	Approved
Simmons Bank	4	$1.3M
The Huntington National Bank	5	$1.1M
Stearns Bank	2	$692K
First National Bank of Pennsylvania	3	$554K
Thread Bank	2	$364K
Bank Five Nine	2	$355K
PNC Bank	1	$244K
Colorado Enterprise Fund	1	$200K

Geography

Where Tom and Chee units were financed

State	Loans	Share
Michigan	6
Pennsylvania	3
Florida	3
Wisconsin	2
Texas	2
Nebraska	1
Indiana	1
Louisiana	1

Approvals by fiscal year

’14

’15

’16

’17

’18

’19

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
12%
$50K - $150K
4%
$150K - $350K
65%
$350K - $1M
19%

Financing a Tom and Chee: common questions

How much do lenders finance for a Tom and Chee franchise?: The median SBA loan approved for a Tom and Chee franchise is $202,500, with the middle 80% of loans between $131,300 and $378,000. 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 Tom and Chee franchises?: By dollars approved, the most active SBA lenders for Tom and Chee have been Simmons Bank, The Huntington National Bank, Stearns Bank, First National Bank of Pennsylvania. 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 Tom and Chee SBA loans?: The median term is 7.9 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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