Bonchon

Restaurants & FoodSBA loans FY2020–FY2026

SBA Loans

$24.4M

Total Financed

$717K

Avg Loan Size

—

YoY Loan Growth

How Bonchon Compares

Ranks #71 of 1,075 Restaurants & Food brands by SBA loan count (#330 of 3,543 overall).
Its average loan of $717K is 71% above the Restaurants & Food median of $419K.
Its 0.0% charge-off rate compares to a 1.3% average across all Restaurants & Food brands.

SBA Loan Activity by Fiscal Year

Fiscal Year	Loans	Total Financed
FY2020	4	$2.8M
FY2021	2	$422K
FY2022	7	$4.0M
FY2023	6	$4.9M
FY2024	3	$2.7M
FY2025	9	$7.4M
FY2026	3	$2.2M

FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Bonchon Is Getting SBA-Financed

Illinois7 loans · $6.3M Florida5 loans · $4.1M Michigan3 loans · $1.1M Arkansas3 loans · $1.7M California2 loans · $1.5M Colorado2 loans · $650K Maryland2 loans · $1.3M Texas2 loans · $2.0M New York2 loans · $795K New Jersey1 loan · $150K Pennsylvania1 loan · $1.5M Arizona1 loan · $700K Massachusetts1 loan · $762K Georgia1 loan · $882K Iowa1 loan · $901K

Recent SBA-Financed Bonchon Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

Skokie BC Inc.SKOKIE, IL

$1,005,0002026-01-29

Kyromina LLCWESLEY CHAPEL, FL

$300,0002025-12-08

NT GROUP ENTERPRISE INCWEST DES MOINES, IA

$900,7002025-12-04

Fischer Hospitality Consulting, LLCSmyrna, GA

$882,0002025-09-12

Crews Collaborations LLCGAINESVILLE, FL

$1,346,3002025-06-30

EV Kitchen LLCWORCESTER, MA

$762,0002025-06-05

EMRE RESTAURANT GROUP LLCROGERS, AR

$828,5002025-04-11

EMRE RESTAURANT GROUP LLCROGERS, AR

$75,0002025-04-11

Lola Foods Franchise LLCJONESBORO, AR

$798,5002024-12-26

HUMSPICE INC.MELROSE PARK, IL

$100,0002024-12-23

HUMSPICE INC.MELROSE PARK, IL

$1,530,0002024-12-23

KOCHALOS HOLDINGS, LLCDORAL, FL

$1,059,0002024-11-26

HUMSPICE INC.CHICAGO, IL

$1,760,0002024-09-27

ANNCON L.L.CTROY, MI

$280,0002024-06-26

Kokolettes LLCORLANDO, FL

$621,0002024-02-23

Gambish Investment Group Inc.PETALUMA, CA

$1,242,0002023-09-27

Dosi, LLCWALDORF, MD

$1,095,0002023-08-26

BHATIA SISTERS LLCTEMPE, AZ

$700,0002023-07-20

MPS I LLCWEBSTER, TX

$1,092,0002023-05-02

Korean Cuisine New York Inc.WHITE PLAINS, NY

$475,0002023-04-04

LIC 2023 Inc.Long Island City, NY

$320,0002023-02-07

BONCHON OF JAXJACKSONVILLE, FL

$765,0002022-05-25

DRFC Hospitality LLCFort Worth, TX

$938,8002022-05-23

LEEKKG LLCDenver, CO

$450,0002022-03-30

Littlesun Inc.ROCHESTER, MI

$680,0002022-02-17

Frequently Asked Questions

Is Bonchon growing or shrinking?

Bonchon doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #71 of 1,075 Restaurants & Food brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Bonchon franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $717K (71% above the typical Restaurants & Food brand's $419K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Bonchon?

0 of 34 SBA loans to Bonchon franchisees (0.0%) have been charged off since FY2020, compared to 1.3% across all Restaurants & Food brands.

Explore More

More Restaurants & Food brands Most financed franchises

Top SBA Lenders

Byline Bank7
The Huntington National Bank4
Milestone Bank3
PCB Bank1
Wilmington Savings Fund Society FSB1

Planning to finance a restaurants & food purchase?

Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.

Source: SBA 7(a) FOIA loan dataset. View dataset