FranchiseRanked

Famous Toastery

Restaurants & FoodSBA loans FY2024–FY2024

2

SBA Loans

$844K

Total Financed

$422K

Avg Loan Size

—

YoY Loan Growth

How Famous Toastery Compares

  • Ranks #687 of 1,075 Restaurants & Food brands by SBA loan count (#2,419 of 3,543 overall).
  • Its average loan of $422K is 1% above the Restaurants & Food median of $419K.
  • With only 2 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 YearLoansTotal Financed
FY20242$844K

FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Famous Toastery Is Getting SBA-Financed

Recent SBA-Financed Famous Toastery Locations

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

Terhune Enterprises Inc.FUQUAY VARINA, NC
$769,0002024-09-09
Terhune Enterprises Inc.FUQUAY VARINA, NC
$75,0002024-09-09

Frequently Asked Questions

Is Famous Toastery growing or shrinking?

Famous Toastery doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #687 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 Toastery 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 $422K (1% 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 Toastery?

Famous Toastery only has 2 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.