Famous Dave's
8
SBA Loans
$4.3M
Total Financed
$535K
Avg Loan Size
—
YoY Loan Growth
How Famous Dave's Compares
- Ranks #268 of 1,075 Restaurants & Food brands by SBA loan count (#1,066 of 3,543 overall).
- Its average loan of $535K is 28% above the Restaurants & Food median of $419K.
- With only 8 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Restaurants & Food brands overall see a 1.3% charge-off rate across 11,372 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2022 | 1 | $295K |
| FY2024 | 1 | $150K |
| FY2025 | 4 | $2.4M |
| FY2026 | 2 | $1.4M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Famous Dave's Is Getting SBA-Financed
Recent SBA-Financed Famous Dave's Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Famous Dave's growing or shrinking?
Famous Dave's doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #268 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 Famous Dave's 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 $535K (28% 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 Famous Dave's?
Famous Dave's only has 8 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Restaurants & Food brands overall see a 1.3% charge-off rate across 11,372 loans.
Top SBA Lenders
- The Huntington National Bank2
- North Shore Bank of Commerce1
- BayFirst National Bank1
- Lendistry SBLC, LLC1
- Frandsen Bank and Trust1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset