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NAICS 722211 · Restaurants & Hotels
SBA loans for limited-service restaurants
6,127 SBA loans worth $1.91B have been approved in this industry since FY2010 - the #36 most-financed NAICS code in the country.
Median loan
$201,000
+12% vs all industries
Typical range
$25K-$683K
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
8.4%
vs 7.6% all industries
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
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Byline Bank | 104 | $66.5M | |
| JPMorgan Chase Bank | 368 | $65.4M | |
| PNC Bank | 229 | $55.5M | |
| The Bank of Princeton | 38 | $45.7M | |
| Bank of Hope | 124 | $44.2M | |
| The Huntington National Bank | 272 | $43.5M | |
| Truist Bank | 101 | $29.4M | |
| U.S. Bank | 102 | $28.7M | |
| Ameris Bank | 43 | $28.5M | |
| TD Bank | 104 | $28.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 616 | |
| Texas | 513 | |
| New York | 378 | |
| Ohio | 303 | |
| Illinois | 274 | |
| Pennsylvania | 229 | |
| New Jersey | 211 | |
| Michigan | 200 |
An SBA 7(a) lender for loans this size
73% of the SBA loans approved in limited-service restaurants since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K17%
- $50K - $150K20%
- $150K - $350K36%
- $350K - $1M22%
- $1M - $2M4%
- Over $2M1%
Franchise brands in Limited-Service Restaurants
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Subway | 507 | $115.5M | |
| Jimmy John's | 163 | $51.7M | |
| Dairy Queen | 122 | $56.3M | |
| Little Caesars | 108 | $25.1M | |
| Dunkin' | 92 | $49.6M | |
| Firehouse Subs | 82 | $18.3M | |
| Culver's Frozen Custard | 74 | $67.8M | |
| Domino's Pizza | 64 | $21.9M | |
| Papa Murphy's Take & Bake Pizza | 57 | $14.6M | |
| Zaxby's | 46 | $32.8M |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other restaurants & hotels industries
Common questions
- How much do SBA lenders typically lend to a limited-service restaurants business?
- The median SBA approval in NAICS 722211 is $201,000, with the middle 80% of loans between $25,000 and $683,000. Across all industries the median is $180,000.
- Which lenders are most active in limited-service restaurants?
- By dollars approved: Byline Bank, JPMorgan Chase Bank, PNC Bank, The Bank of Princeton, Bank of Hope. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
- Is limited-service restaurants considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.4% were charged off, versus 7.6% across all SBA lending. That is close to average.
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