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Retail Trade

SBA Lenders for Food & Beverage Stores

Top lenders ranked by real SBA lending data for food & beverage stores nationwide.

What Borrowers Should Know

Food & Beverage Stores are getting better pricing than the national average. The median spread here is P+2.40% versus P+2.75% nationally—that's 35 basis points cheaper. This sector has attracted 386 active lenders competing for deals, which suggests lower risk perception and strong borrower demand that's driving rates down.

California dominates this market heavily: 4,496 of 5,078 total deals (88%) are in CA alone. The next four states combined (AZ, AL, AR, AK) account for just 581 deals. If you're not in California, you'll face much thinner lender networks and potentially longer deal timelines. The top 5 lenders control significant market share, with Bank of Hope and Commonwealth Business Bank accounting for 19% of all deals.

The average deal size of $544,579 suggests this sector attracts mostly small, single-location operators or modest multi-unit chains. If your capital need is significantly larger, you may face pushback on loan structuring or be forced to seek additional non-SBA financing. Conversely, if you need $500K–$700K, this is a well-traveled path with established underwriting precedent.

Total SBA Loans

33,447

Active Lenders

1,862

Avg Deal Size

$527K

Total Volume

$17.6B

Food & Beverage Stores SBA loans average $527K in deal size across 33,447 total loans. The median 7(a) spread in this segment is P + 2.24%.

Top Lenders for Food & Beverage Stores

Ranked by total deal count nationwide.

#LenderTypeDealsAvg SizeSpread
1The Huntington National BankBank2,094$197KP + 2.09%
2Bank of HopeBank1,388$539KP + 2.00%
3Wells Fargo Bank National AssociationBank1,058$328KP + 2.81%
4Manufacturers and Traders Trust CompanyBank1,046$147KP + 2.09%
5U.S. Bank, National AssociationBank937$299KP + 2.11%
6Hanmi BankBank858$751KP + 1.94%
7TD Bank, National AssociationBank824$201KP + 2.24%
8Commonwealth Business BankBank707$621KP + 1.72%
9JPMorgan Chase Bank, National AssociationBank683$264KP + 2.42%
10Metro City BankBank506$1.8MP + 1.65%
11PCB BankBank478$574KP + 1.88%
12NewBankBank421$1.1MP + 2.27%
13KeyBank National AssociationBank419$300KP + 2.38%
14Open BankBank399$781KP + 1.80%
15PNC Bank, National AssociationBank370$249KP + 2.19%

Top States for Food & Beverage Stores

Where food & beverage stores SBA lending is most active.

California224 lenders
5,579 deals$578K avg
New York176 lenders
3,214 deals$552K avg
Michigan149 lenders
1,615 deals$444K avg
New Jersey122 lenders
1,589 deals$690K avg
Ohio109 lenders
1,553 deals$201K avg
Texas230 lenders
1,544 deals$601K avg
Massachusetts137 lenders
1,479 deals$295K avg
Colorado120 lenders
1,345 deals$602K avg
Georgia151 lenders
1,334 deals$1.3M avg
Florida164 lenders
1,108 deals$616K avg
Illinois174 lenders
1,077 deals$627K avg
Pennsylvania120 lenders
1,062 deals$430K avg
Minnesota166 lenders
841 deals$431K avg
Washington90 lenders
840 deals$565K avg
Wisconsin128 lenders
636 deals$555K avg