SBA Loans for Smoothie King Franchises
Who actually funds Smoothie King 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 Smoothie King SBA loans
Ranked by number of Smoothie King 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Citizens Bank | 22 | $12.0M | $545K |
| 2 | The Huntington National Bank | 20 | $5.0M | $250K |
| 3 | United Community Bank | 9 | $4.4M | $486K |
| 4 | First Bank of the Lake | 7 | $3.9M | $560K |
| 5 | The Bancorp Bank National Association | 6 | $3.2M | $532K |
| 6 | ConnectOne Bank | 5 | $2.5M | $491K |
| 7 | Customers Bank | 4 | $2.4M | $604K |
| 7 | Milestone Bank | 4 | $3.0M | $757K |
| 7 | Live Oak Banking Company | 4 | $2.0M | $504K |
| 7 | KeyBank National Association | 4 | $1.9M | $482K |
| 7 | b1BANK | 4 | $1.7M | $425K |
| 12 | Wilmington Savings Fund Society FSB | 3 | $1.0M | $350K |
| 12 | Manufacturers and Traders Trust Company | 3 | $587K | $196K |
| 12 | American Community Bank of Indiana | 3 | $750K | $250K |
| 12 | Bank of Belleville | 3 | $780K | $260K |
| 12 | Cogent Bank | 3 | $1.1M | $370K |
| 12 | The American National Bank of Texas | 3 | $3.3M | $1.1M |
| 12 | The Callaway Bank | 3 | $884K | $295K |
| 12 | The State Bank and Trust Company | 3 | $888K | $296K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Smoothie King loan in this period, ranked by loan count.
Smoothie King SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 40 | $20.3M | $508K |
| FL | 24 | $10.9M | $456K |
| GA | 17 | $8.9M | $524K |
| IL | 11 | $7.3M | $665K |
| CO | 9 | $4.5M | $495K |
| PA | 4 | $3.0M | $752K |
| IN | 9 | $3.0M | $331K |
| AL | 5 | $2.8M | $570K |
| OH | 8 | $2.6M | $327K |
| MD | 6 | $2.3M | $375K |
| NC | 5 | $1.9M | $382K |
| AZ | 4 | $1.9M | $467K |
| LA | 5 | $1.8M | $350K |
| MO | 5 | $1.6M | $321K |
| AR | 1 | $1.6M | $1.6M |
Smoothie King SBA loans by year
How Smoothie King SBA loans have performed
Outcomes for every funded Smoothie King 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.
SBA lender notes for Smoothie Kingfrom the SBA Franchise Directory
When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Lease Rider may not be executed.
How to use this
The lenders above have actually closed SBA 7(a) loans for Smoothie King 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 Smoothie King deal to a lender currently funding this brand.
Financing a Smoothie King franchise?
We know which lenders are actively funding Smoothie King deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).