FranchiseRanked

Ritter's Frozen Custard

Restaurants & FoodSBA loans FY2020–FY2025

7

SBA Loans

$1.6M

Total Financed

$235K

Avg Loan Size

—

YoY Loan Growth

How Ritter's Frozen Custard Compares

  • Ranks #280 of 1,075 Restaurants & Food brands by SBA loan count (#1,109 of 3,543 overall).
  • Its average loan of $235K is 44% below the Restaurants & Food median of $419K.
  • With only 7 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$298K
FY20211$106K
FY20221$660K
FY20231$40K
FY20252$540K

FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Ritter's Frozen Custard Is Getting SBA-Financed

Indiana3 loans · $958KMichigan3 loans · $646KNew Jersey1 loan · $40K

Recent SBA-Financed Ritter's Frozen Custard Locations

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

Tommy's Ice-Cream Shop LLCLIVONIA, MI
$50,0002025-04-01
Tommy's Ice-Cream Shop LLCLIVONIA, MI
$490,0002025-04-01
Two M Ices LLCSURF CITY, NJ
$40,0002023-01-03
Franklin Custard, LLCFRANKLIN, IN
$660,0002022-08-30
Portage Custard, LLCPortage, MI
$105,6002021-07-17
Greenwood Custard, LLCGreenwood, IN
$160,0002020-08-28
SB Fuse One, LLCIndianapolis, IN
$137,9002020-02-21

Frequently Asked Questions

Is Ritter's Frozen Custard growing or shrinking?

Ritter's Frozen Custard doesn't have enough SBA loan activity in both FY2024 and FY2025 to calculate a reliable year-over-year trend. For context, it ranks #280 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 Ritter's Frozen Custard 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 $235K (44% below 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 Ritter's Frozen Custard?

Ritter's Frozen Custard only has 7 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

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  • The Huntington National Bank2
  • Byline Bank1
  • TD Bank, National Association1
Planning to finance a restaurants & food purchase?

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