FranchiseRanked

Penn Station East Coast Subs

Restaurants & FoodSBA loans FY2020–FY2026

14

SBA Loans

$10.6M

Total Financed

$754K

Avg Loan Size

—

YoY Loan Growth

How Penn Station East Coast Subs Compares

  • Ranks #155 of 1,075 Restaurants & Food brands by SBA loan count (#687 of 3,543 overall).
  • Its average loan of $754K is 80% above the Restaurants & Food median of $419K.
  • With only 14 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
FY20202$997K
FY20214$4.8M
FY20222$1.6M
FY20232$715K
FY20241$150K
FY20251$573K
FY20262$1.7M

FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Penn Station East Coast Subs Is Getting SBA-Financed

Michigan6 loans · $1.3MOhio4 loans · $3.3MIndiana2 loans · $560KNorth Carolina1 loan · $647KKentucky1 loan · $4.7M

Recent SBA-Financed Penn Station East Coast Subs Locations

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

HOSPITALITY FOOD GROUP DBA PENN STATIONNEW HAVEN, IN
$410,0002026-05-22
HB3 GROUP LLCDAYTON, OH
$1,265,0002026-01-12
Penn StationBEVERLY HILLS, MI
$573,0002025-07-25
Tri-State Cheesesteaks, LLCEVANSVILLE, IN
$150,0002023-11-02
Penn StationCLINTON TOWNSHIP, MI
$515,0002023-09-01
DBT Acquisitions, Inc.Toledo, OH
$200,0002023-03-03
PSMI Group, LLCWESTLAND, MI
$80,0002021-12-22
HB3 Group LLCDayton, OH
$1,510,2002021-11-10
Rochester PS LLCRochester, MI
$50,0002021-09-22
BEVERLY HILLS PS LLCBeverly Hills, MI
$50,0002021-08-12
Buckeye Cheesesteaks LLCCrestview Hills, KY
$4,700,0002021-05-25
GRATIOT PS LLCClinton Township, MI
$50,0002020-11-30
efp subs llcCHARLOTTE, NC
$647,0002020-09-04
The Canton Sub CompanyNORTH CANTON, OH
$350,0002020-04-20

Frequently Asked Questions

Is Penn Station East Coast Subs growing or shrinking?

Penn Station East Coast Subs doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #155 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 Penn Station East Coast Subs 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 $754K (80% 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 Penn Station East Coast Subs?

Penn Station East Coast Subs only has 14 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.

Explore More

More Restaurants & Food brands Most financed franchises

Top SBA Lenders

  • The Huntington National Bank4
  • Fifth Third Bank2
  • PNC Bank, National Association1
  • Meridian Bank1
  • Republic Bank & Trust Company1
Planning to finance a restaurants & food purchase?

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Source: SBA 7(a) FOIA loan dataset. View dataset