SBA loans by business type
SBA Loans for Restaurants
SBA lenders funded 112,895 7(a) and 504 loans for restaurants since FY2010 (10.9% of all SBA lending in the data), totaling $47.1B, an average of $417K per loan. The most active lender is The Huntington National Bank.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
These figures are computed from the SBA's public 7(a) and 504 funded-loan records for Food Services and Drinking Places (NAICS 722). They cover funded loans, not applications, so a lender's activity here is a track-record signal — not a guarantee you will be approved. Of these, 10% are 504 loans (owner-occupied real estate and long-term equipment), which is why average loan sizes here run large. Among the 7(a) loans, the charge-off rate is 4.6% — a relative track-record signal, not a lifetime default rate (504 charge-offs are not reported in the SBA data); see our methodology. Estimate a payment with the SBA loan calculator, or check the basics with the eligibility checker.
Top SBA lenders in Accommodation and Food Services, the sector that includes restaurants
Ranked by SBA loans funded across Accommodation and Food Services (NAICS 72), the full sector that contains Food Services and Drinking Places (NAICS 722). The sector is broader than restaurants alone, and sector level is the granularity our per-lender track-record data supports, so every figure below, including the 7(a) charge-off rate, is sector-wide, not specific to restaurants. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in the sector shows “not reported,” never 0%. A lender active in your situation is a good place to start; talk to a few before you apply.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 10,350 | $3.1B | $295K | 3.65% |
| 2 | JPMorgan Chase Bank, National Association | 3,754 | $792.0M | $211K | 5.91% |
| 3 | U.S. Bank, National Association | 3,545 | $661.2M | $187K | 4.71% |
| 4 | Manufacturers and Traders Trust Company | 2,928 | $413.6M | $141K | 6.15% |
| 5 | Wells Fargo Bank National Association | 2,754 | $773.6M | $281K | 7.95% |
| 6 | Bank of Hope | 2,531 | $2.1B | $840K | 3.99% |
| 7 | TD Bank, National Association | 2,412 | $467.6M | $194K | 7.30% |
| 8 | PNC Bank, National Association | 1,777 | $492.1M | $277K | 5.35% |
| 9 | KeyBank National Association | 1,766 | $516.4M | $292K | 2.94% |
| 10 | Celtic Bank Corporation | 1,497 | $1.5B | $1.0M | 4.81% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
Ready to talk to lenders that fund restaurants?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
Top states for restaurants SBA loans
| State | Loans | Total volume |
|---|---|---|
| California | 13,986 | $6.7B |
| Texas | 8,473 | $4.4B |
| Florida | 5,601 | $3.4B |
| New York | 7,054 | $2.4B |
| Illinois | 4,343 | $2.2B |
| Georgia | 3,840 | $2.2B |
| New Jersey | 3,623 | $2.0B |
| Pennsylvania | 4,139 | $1.5B |
| Ohio | 6,063 | $1.5B |
| Washington | 3,599 | $1.4B |
SBA lending for restaurants by year
Funded SBA volume by approval fiscal year (FY2010–2026).
SBA loans for restaurants: frequently asked questions
Can you get an SBA loan for restaurants?
Yes. Lenders funded 112,895 SBA 7(a) and 504 loans for restaurants in the public data (as of 2026-03-31), 10.9% of all SBA lending, totaling $47.1B.
How much is a typical SBA loan for restaurants?
The average SBA loan for restaurants is $417K, across 112,895 funded loans. Your amount depends on use of funds, cash flow, and the lender.
Which SBA lenders fund restaurants?
The Huntington National Bank, Byline Bank, JPMorgan Chase Bank, National Association are among the most active SBA lenders for restaurants by funded volume. A lender that regularly funds your situation is more likely to understand the deal.