Las Palapas
1
SBA Loans
$844K
Total Financed
$844K
Avg Loan Size
—
YoY Loan Growth
How Las Palapas Compares
- Ranks #783 of 1,075 Restaurants & Food brands by SBA loan count (#2,735 of 3,543 overall).
- Its average loan of $844K is 101% above the Restaurants & Food median of $419K.
- With only 1 loan 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 |
|---|---|---|
| FY2021 | 1 | $844K |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Las Palapas Is Getting SBA-Financed
Recent SBA-Financed Las Palapas Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Las Palapas growing or shrinking?
Las Palapas doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #783 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 Las Palapas 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 $844K (101% 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 Las Palapas?
Las Palapas only has 1 SBA loan 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
- Vantage Bank Texas1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset