Hi-Pointe Drive-In
2
SBA Loans
$2.5M
Total Financed
$1.3M
Avg Loan Size
—
YoY Loan Growth
How Hi-Pointe Drive-In Compares
- Ranks #573 of 1,075 Restaurants & Food brands by SBA loan count (#2,094 of 3,543 overall).
- Its average loan of $1.3M is 201% 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 Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $450K |
| FY2021 | 1 | $2.1M |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Hi-Pointe Drive-In Is Getting SBA-Financed
Recent SBA-Financed Hi-Pointe Drive-In Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Hi-Pointe Drive-In growing or shrinking?
Hi-Pointe Drive-In doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #573 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 Hi-Pointe Drive-In 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 $1.3M (201% 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 Hi-Pointe Drive-In?
Hi-Pointe Drive-In 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.
Top SBA Lenders
- Scott Credit Union1
- Bank of Belleville1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset