Food & Restaurants · lender intelligence
How to finance a Famous Dave's
The SBA 7(a) lenders funding the most Famous Dave's deals, ranked from public loan records — typical Famous Dave's loan about $295K. A bank that has funded the brand knows the model — faster approvals, better terms.
Most active with Famous Dave's
Ranked by funded Famous Dave's 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 →
- 2.34 loans · $19M · Arden Hills, MNFull record →
- 3.3,264 loans · $846M · Miami, FLFull record →
- 4.1 loans · $0M · Duluth, MNFull record →
- 5.20 loans · $8M · Saint Petersburg, FLFull record →
- 6.499 loans · $106M · Los Angeles, CAFull record →
7+ funded Famous Dave's 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.
- Famous Dave's BBQ in Alpharetta, GA — $750K (2026) · Newtek Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 125 months
- SBA guaranteed
- $563K (75%)
- Approved
- 1/28/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Newtek Bank, National Association · Lender record →
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- Minnetonka Famous Dave's in Minnetonka, MN — $1.5M (2025) · purchase · Frandsen Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 18 days
- Approved
- 9/26/2025
- First disbursed
- 10/14/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Full-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.7M
- Est. down payment (10%)
- $168K
- Est. cash at closing
- $231K
- Monthly payment
- $19,994
- Annual debt service
- $240K
- Cash flow needed (1.25×)
- $300K
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 Frandsen Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- SCOTT SCHICAGO INVESTMENTS BBQ GROUP Limited Liability Company in Alpharetta, GA — $605K (2025) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $454K (75%)
- Approved
- 5/8/2025
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- B&B Restaurant Management of Fort Mill, LLC in Fort Mill, SC — $250K (2025) · Lendistry SBLC, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 12.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $188K (75%)
- Approval → funding
- 22 days
- Approved
- 12/17/2024
- First disbursed
- 1/8/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 39
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
Funded by Lendistry SBLC, LLC · Lender record →
Your business? Claim this record · Request removal
- SCOTT SCHICAGO INVESTMENTS BBQ GROUP Limited Liability Company in Alpharetta, GA — $50K (2025) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approved
- 5/8/2025
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- B&B Restaurant Management of Fort Mill, LLC in Fort Mill, SC — $150K (2024) · BayFirst National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 13.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 3 days
- Approved
- 10/27/2023
- First disbursed
- 10/30/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
- Bayfront BBQ Inc. in Hermantown, MN — $295K (2022) · North Shore Bank of Commerce
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $148K (50%)
- Approval → funding
- 32 days
- Approved
- 5/9/2022
- First disbursed
- 6/10/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 25
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
Funded by North Shore Bank of Commerce · Lender record →
Your business? Claim this record · Request removal
Buying a Famous Dave's? 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 Famous Dave's businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Famous Dave's 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.
- $295K typical Famous Dave's loan
- 6 lenders fund the brand
- 22 days typical to fund
Buyers researching a Famous Dave's 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.