FranchiseRanked

IGA USA - License Agreement

RetailSBA loans FY2020–FY2024

14

SBA Loans

$17.0M

Total Financed

$1.2M

Avg Loan Size

—

YoY Loan Growth

How IGA USA - License Agreement Compares

  • Ranks #67 of 413 Retail brands by SBA loan count (#688 of 3,543 overall).
  • Its average loan of $1.2M is 192% above the Retail median of $415K.
  • With only 14 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20201$700K
FY20214$6.8M
FY20225$6.0M
FY20233$3.3M
FY20241$150K

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

Recent SBA-Financed IGA USA - License Agreement Locations

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

James A. KincaidWASHINGTON, WV
$150,0002024-05-02
Sukhtan, Inc.Sheridan, OR
$2,780,0002023-05-04
Domec Foods LLCLAGRANGE, OH
$456,0002023-03-27
Domec Foods LLCLAGRANGE, OH
$25,0002023-03-27
BEK, IncBILLINGS, MT
$250,0002022-06-15
Monty LLCBILLINGS, MT
$1,117,3002022-06-13
GG & GA Enterprises, Inc.Oberlin, OH
$2,855,0002021-12-08
Clifton Market and Clifton IGACincinnati, OH
$342,0002021-11-17
HMS Ventures LLCRichburg, SC
$1,454,0002021-10-19
MFF Properties, LLCManzanita, OR
$3,628,1002021-09-13
Sheridan IGASheridan, OR
$860,0002021-07-09
Sahajanand One Management LLCMullins, SC
$1,125,0002021-02-10
New A & D, LLCCRAIGSVILLE, VA
$1,220,0002020-10-08
GRANVILLE MEATS & GROCERIES INC.GRANVILLE, IL
$700,0002020-04-22

Frequently Asked Questions

Is IGA USA - License Agreement growing or shrinking?

IGA USA - License Agreement doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #67 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a IGA USA - License Agreement 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 $1.2M (192% above the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for IGA USA - License Agreement?

IGA USA - License Agreement only has 14 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.

Top SBA Lenders

  • Readycap Lending, LLC4
  • First Interstate Bank2
  • Northwest Bank2
  • Byline Bank1
  • Pinnacle Bank1
Planning to finance a retail 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