Food & Restaurants · lender intelligence
How to finance a 16 Handles
The SBA 7(a) lenders funding the most 16 Handles deals, ranked from public loan records — typical 16 Handles loan about $408K. A bank that has funded the brand knows the model — faster approvals, better terms.
Most active with 16 Handles
Ranked by funded 16 Handles loans. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
- 2.20 loans · $8M · Saint Petersburg, FLFull record →
- 3.1,927 loans · $207M · Buffalo, NYFull record →
- 4.46 loans · $85M · Salt Lake City, UTFull record →
- 5.72 loans · $30M · Oconomowoc, WIFull record →
6+ funded 16 Handles deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Barlow Delights LLC in Columbia, SC — $445K (2025) · Bank Five Nine
- Program
- 7a General
- Rate at approval
- 9% variable
- Term
- 122 months
- SBA guaranteed
- $334K (75%)
- Approval → funding
- 108 days
- Approved
- 1/21/2025
- First disbursed
- 5/9/2025
- Loan status
- Paid in full (10/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Snack and Nonalcoholic Beverage Bars
Funded by Bank Five Nine · Lender record →
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- JoJo FroYo LLC in Jupiter, FL — $257K (2025) · Milestone Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $193K (75%)
- Approval → funding
- 14 days
- Approved
- 12/23/2024
- First disbursed
- 1/6/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- New Business or 2 years or less
- Industry
- Snack and Nonalcoholic Beverage Bars
Funded by Milestone Bank · Lender record →
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- WAUGH FROYO LLC in Montgomery, TX — $408K (2024) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $306K (75%)
- Approval → funding
- 85 days
- Approved
- 6/4/2024
- First disbursed
- 8/28/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Snack and Nonalcoholic Beverage Bars
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Tasty Treats NY LLC in New City, NY — $400K (2024) · purchase · Manufacturers and Traders Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 11.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $300K (75%)
- Approval → funding
- 133 days
- Approved
- 9/17/2024
- First disbursed
- 1/28/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Snack and Nonalcoholic Beverage Bars
If you were the buyer here
- Est. deal size
- $444K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $5,624
- Annual debt service
- $67K
- Cash flow needed (1.25×)
- $84K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Manufacturers and Traders Trust Company · Lender record →
Your business? Claim this record · Request removal
- WAUGH FROYO LLC in Montgomery, TX — $25K (2024) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $13K (50%)
- Approval → funding
- 419 days
- Approved
- 6/4/2024
- First disbursed
- 7/28/2025
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Snack and Nonalcoholic Beverage Bars
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- 16 Handles Franchising LLC in New York, NY — $3.7M (2022) · purchase · BayFirst National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.7M (75%)
- Approval → funding
- 6 days
- Approved
- 8/13/2022
- First disbursed
- 8/19/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Snack and Nonalcoholic Beverage Bars
If you were the buyer here
- Est. deal size
- $4.1M
- Est. down payment (10%)
- $407K
- Est. cash at closing
- $563K
- Monthly payment
- $44,964
- Annual debt service
- $540K
- Cash flow needed (1.25×)
- $674K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
Buying a 16 Handles? Start with a lender that has funded the brand
We'll point you to the SBA lenders already financing this brand — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded loans to 16 Handles businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a 16 Handles purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. The Huntington National Bank funds the most. DealRoom is not a lender.
- $408K typical 16 Handles loan
- 5 lenders fund the brand
- 108 days typical to fund
Buyers researching a 16 Handles typically pre-qualify for SBA 7(a) financing next, then ask DealRoom to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.