SBA Loans for Ace Hardware Franchises
Who actually funds Ace Hardware SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Ace Hardware SBA loans
Ranked by number of Ace Hardware 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 77 | $105.6M | $1.4M |
| 2 | Wells Fargo Bank National Association | 21 | $17.6M | $840K |
| 3 | The Huntington National Bank | 10 | $4.5M | $451K |
| 4 | National Cooperative Bank, National Association | 9 | $10.7M | $1.2M |
| 5 | Nicolet National Bank | 8 | $3.4M | $427K |
| 6 | Byline Bank | 6 | $11.6M | $1.9M |
| 6 | The American National Bank of Texas | 6 | $4.2M | $708K |
| 8 | BayFirst National Bank | 5 | $1.7M | $332K |
| 9 | Five Star Bank | 4 | $2.0M | $500K |
| 9 | Bank of America, National Association | 4 | $5.9M | $1.5M |
| 9 | Columbia Bank | 4 | $4.3M | $1.1M |
| 9 | ChoiceOne Bank | 4 | $3.4M | $844K |
| 9 | Zions Bancorporation, National Association | 4 | $3.0M | $749K |
| 9 | U.S. Bank, National Association | 4 | $2.2M | $548K |
| 15 | Pinnacle Bank | 3 | $1.5M | $492K |
| 15 | Northeast Bank | 3 | $3.7M | $1.2M |
| 15 | BankVista | 3 | $4.5M | $1.5M |
| 15 | BMO Bank National Association | 3 | $5.4M | $1.8M |
| 15 | Old National Bank | 3 | $3.2M | $1.1M |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Ace Hardware loan in this period, ranked by loan count.
Ace Hardware SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 32 | $42.0M | $1.3M |
| CA | 29 | $20.9M | $721K |
| FL | 10 | $19.1M | $1.9M |
| GA | 19 | $18.8M | $990K |
| MI | 20 | $16.1M | $806K |
| WA | 7 | $15.3M | $2.2M |
| CO | 12 | $12.8M | $1.1M |
| NY | 8 | $12.3M | $1.5M |
| AZ | 9 | $12.2M | $1.4M |
| AR | 4 | $10.9M | $2.7M |
| MN | 12 | $10.4M | $864K |
| WI | 11 | $9.2M | $834K |
| IN | 7 | $8.5M | $1.2M |
| OH | 13 | $7.2M | $554K |
| OR | 7 | $6.9M | $992K |
Ace Hardware SBA loans by year
How Ace Hardware SBA loans have performed
Outcomes for every funded Ace Hardware 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
How to use this
The lenders above have actually closed SBA 7(a) loans for Ace Hardware franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Ace Hardware deal to a lender currently funding this brand.
Financing a Ace Hardware franchise?
We know which lenders are actively funding Ace Hardware deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).