Food & Restaurants · lender intelligence
How to finance a Sonic
The SBA 7(a) lenders funding the most Sonic deals, ranked from public loan records — typical Sonic loan about $1.3M. A bank that has funded the brand knows the model — faster approvals, better terms.
Most active with Sonic
Ranked by funded Sonic loans. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
- 2.85 loans · $36M · Waterbury, CTFull record →
- 3.34 loans · $26M · Kalispell, MTFull record →
- 4.318 loans · $229M · Osage Beach, MOFull record →
- 5.72 loans · $30M · Oconomowoc, WIFull record →
- 6.7 loans · $3M · Walnut Creek, CAFull record →
- 7.618 loans · $171M · Salt Lake City, UTFull record →
- 8.868 loans · $362M · Salt Lake City, UTFull record →
- 9.20 loans · $14M · Arlington Heights, ILFull record →
- 10.9 loans · $6M · Omaha, NEFull record →
21+ funded Sonic 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.
- Smooth Seas Holdings LLC in Miami Gardens, FL — $3.8M (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 6.83% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.9M (75%)
- Approval → funding
- 44 days
- Approved
- 1/14/2026
- First disbursed
- 2/27/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 160
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Live Oak Banking Company · Lender record →
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- Smooth Seas Holdings LLC in Key Largo, FL — $650K (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.27% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $488K (75%)
- Approved
- 1/27/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 25
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Live Oak Banking Company · Lender record →
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- JOHN COVE DUMFRIES LLC in Dumfries, VA — $126K (2026) · Bank Five Nine
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $107K (85%)
- Approved
- 3/31/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 83
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Bank Five Nine · Lender record →
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- Sonic Drive-In Auburn in Auburn, IN — $637K (2025) · First Bank of the Lake
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $478K (75%)
- Approval → funding
- 10 days
- Approved
- 8/18/2025
- First disbursed
- 8/28/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 40
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
- SDI GRAND JUNCTION, INCORPORATED in Grand Junction, CO — $100K (2025) · Zions Bank, A Division of
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 12.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approval → funding
- 4 days
- Approved
- 1/6/2025
- First disbursed
- 1/10/2025
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 35
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Zions Bank, A Division of · Lender record →
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- HHB of Cranston Inc. in Providence, RI — $411K (2024) · Webster Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 132 mo (11 yrs)
- SBA guaranteed
- $309K (75%)
- Approval → funding
- 346 days
- Approved
- 2/9/2024
- First disbursed
- 1/20/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 53
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Webster Bank National Association · Lender record →
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- HHB of Cranston Inc. in Providence, RI — $200K (2024) · Webster Bank National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $100K (50%)
- Approved
- 2/9/2024
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 53
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Webster Bank National Association · Lender record →
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- Sonic Drive Ins Hayward; Sonic Drive Ins Salinas; Sonic Drive Ins Gilroy in Hayward, CA — $2.5M (2023) · purchase · United Business Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 16 days
- Approved
- 9/19/2023
- First disbursed
- 10/5/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 75
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $2.7M
- Est. down payment (10%)
- $273K
- Est. cash at closing
- $377K
- Monthly payment
- $25,688
- Annual debt service
- $308K
- Cash flow needed (1.25×)
- $385K
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 United Business Bank · Lender record →
Your business? Claim this record · Request removal
- Tower Capital LLC in Saint Paul, MN — $5.0M (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.2% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 24 days
- Approved
- 2/22/2022
- First disbursed
- 3/18/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 72
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $53,523
- Annual debt service
- $642K
- Cash flow needed (1.25×)
- $803K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- HHB of Cranston, Inc. in Cranston, RI — $2.3M (2022) · Webster Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.7M (75%)
- Approved
- 6/29/2022
- Loan status
- Cancelled
- 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 Webster Bank National Association · Lender record →
Your business? Claim this record · Request removal
- Drive-In Operations Babcock, LLC in Melbourne, FL — $2.0M (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 121 months
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 40 days
- Approved
- 1/6/2022
- First disbursed
- 2/15/2022
- Loan status
- Paid in full (4/30/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 33
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $2.3M
- Est. down payment (10%)
- $225K
- Est. cash at closing
- $310K
- Monthly payment
- $21,095
- Annual debt service
- $253K
- Cash flow needed (1.25×)
- $316K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- AQSR East Hialeah LLC in Miami, FL — $1.9M (2022) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.05% variable
- Term
- 306 months
- SBA guaranteed
- $1.4M (75%)
- Approved
- 1/31/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 31
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- TBHCV LLC in Stockton, CA — $1.8M (2022) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 6.77% variable
- Term
- 312 mo (26 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 57 days
- Approved
- 9/27/2022
- First disbursed
- 11/23/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 47
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Shattuck Sonic Drive-In Management LLC in Woodward, OK — $801K (2022) · SNB Bank, National Association
- Program
- 7a General
- Rate at approval
- 4.5% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $601K (75%)
- Approved
- 2/7/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 25
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by SNB Bank, National Association
Your business? Claim this record · Request removal
- ANG ROYAL INC in Indio, CA — $2.7M (2021) · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.5M (90%)
- Approval → funding
- 13 days
- Approved
- 7/15/2021
- First disbursed
- 7/28/2021
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 22
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
- Elite Drive-Ins, LLC in Sacramento, CA — $2.1M (2021) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 305 months
- SBA guaranteed
- $1.9M (90%)
- Approval → funding
- 24 days
- Approved
- 8/17/2021
- First disbursed
- 9/10/2021
- Loan status
- Paid in full (7/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 45
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Elite Drive-Ins, LLC in Santa Rosa, CA — $1.4M (2021) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 126 months
- SBA guaranteed
- $1.3M (90%)
- Approval → funding
- 14 days
- Approved
- 8/17/2021
- First disbursed
- 8/31/2021
- Loan status
- Paid in full (7/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 45
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- TBHCV LLC in Pleasanton, CA — $1.3M (2021) · Village Bank and Trust, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 4.85% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 104 days
- Approved
- 8/31/2021
- First disbursed
- 12/13/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 62
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
- FiveTwenty8 LLC in Altoona, PA — $217K (2021) · Enterprise Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $195K (90%)
- Approved
- 9/20/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 44
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Enterprise Bank · Lender record →
Your business? Claim this record · Request removal
- 6 Feet Over, LLC in Rock Springs, WY — $170K (2021) · purchase · Glacier Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.25% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $153K (90%)
- Approval → funding
- 7 days
- Approved
- 5/21/2021
- First disbursed
- 5/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $189K
- Est. down payment (10%)
- $19K
- Est. cash at closing
- $25K
- Monthly payment
- $2,343
- Annual debt service
- $28K
- Cash flow needed (1.25×)
- $35K
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 Glacier Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Sonic? 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.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded loans to Sonic businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Sonic 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. Live Oak Banking Company funds the most. DealRoom is not a lender.
- $1.3M typical Sonic loan
- 12 lenders fund the brand
- 24 days typical to fund
Buyers researching a Sonic 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.