Sip-N
1
SBA Loans
$28K
Total Financed
$28K
Avg Loan Size
—
YoY Loan Growth
How Sip-N Compares
- Ranks #878 of 1,075 Restaurants & Food brands by SBA loan count (#3,017 of 3,543 overall).
- Its average loan of $28K is 93% below 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 |
|---|---|---|
| FY2022 | 1 | $28K |
FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Sip-N Is Getting SBA-Financed
Recent SBA-Financed Sip-N Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Sip-N growing or shrinking?
Sip-N doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #878 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 Sip-N 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 $28K (93% 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 Sip-N?
Sip-N 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
- Central Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset