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NAICS 722511 · Restaurants & Hotels
SBA loans for full-service restaurants
43,646 SBA loans worth $21.26B have been approved in this industry since FY2010 - the #1 most-financed NAICS code in the country.
Median loan
$250,000
+39% vs all industries
Typical range
$30K-$1.2M
Middle 80%
Median rate
7.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
9.8%
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 |
|---|---|---|---|
| The Huntington National Bank | 3,906 | $1.05B | |
| Bank of Hope | 894 | $383.9M | |
| Byline Bank | 358 | $365.9M | |
| Newtek Bank | 882 | $331.5M | |
| Newtek Small Business Finance, Inc. | 456 | $324.1M | |
| Celtic Bank Corporation | 521 | $319.9M | |
| JPMorgan Chase Bank | 1,170 | $304.6M | |
| Readycap Lending, LLC | 438 | $283.1M | |
| Fulton Bank | 223 | $244.2M | |
| KeyBank | 666 | $236.7M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 5,765 | |
| New York | 2,948 | |
| Texas | 2,905 | |
| Florida | 2,309 | |
| Ohio | 2,211 | |
| Illinois | 1,739 | |
| Pennsylvania | 1,616 | |
| Michigan | 1,601 |
An SBA 7(a) lender for loans this size
59% of the SBA loans approved in full-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 $50K14%
- $50K - $150K21%
- $150K - $350K24%
- $350K - $1M28%
- $1M - $2M10%
- Over $2M4%
Franchise brands in Full-Service Restaurants
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Subway | 160 | $32.1M | |
| Mellow Mushroom | 96 | $122.6M | |
| Golden Corral | 87 | $132.3M | |
| Dickey's Barbecue Pit | 83 | $25.4M | |
| Firehouse Subs | 75 | $22.1M | |
| Denny's | 70 | $59.8M | |
| Marco's Pizza | 70 | $23.9M | |
| Jimmy John's | 66 | $24.6M | |
| Eggs Up Grill | 52 | $38.0M | |
| Culver's ButterBurgers & Frozen Custard | 51 | $67.1M |
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 full-service restaurants business?
- The median SBA approval in NAICS 722511 is $250,000, with the middle 80% of loans between $30,000 and $1,235,000. Across all industries the median is $180,000.
- Which lenders are most active in full-service restaurants?
- By dollars approved: The Huntington National Bank, Bank of Hope, Byline Bank, Newtek Bank, Newtek Small Business Finance, Inc.. 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 full-service restaurants considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.8% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.
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