FranchiseRanked

Sonic

Restaurants & FoodSBA loans FY2020–FY2026

21

SBA Loans

$31.0M

Total Financed

$1.5M

Avg Loan Size

—

YoY Loan Growth

How Sonic Compares

  • Ranks #115 of 1,075 Restaurants & Food brands by SBA loan count (#514 of 3,543 overall).
  • Its average loan of $1.5M is 252% above the Restaurants & Food median of $419K.
  • Its 0.0% charge-off rate compares to a 1.3% average across all Restaurants & Food brands.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20201$954K
FY20216$7.9M
FY20226$13.7M
FY20231$2.5M
FY20242$611K
FY20252$737K
FY20263$4.6M

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

Where Sonic Is Getting SBA-Financed

California6 loans · $11.8MFlorida4 loans · $8.3MRhode Island3 loans · $2.9MAlabama1 loan · $954KWyoming1 loan · $170KPennsylvania1 loan · $217KOklahoma1 loan · $801KMinnesota1 loan · $5.0MColorado1 loan · $100KIndiana1 loan · $637KVirginia1 loan · $126K

Recent SBA-Financed Sonic Locations

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

JOHN COVE DUMFRIES LLCDUMFRIES, VA
$126,0002026-03-31
Smooth Seas Holdings LLCKEY LARGO, FL
$650,0002026-01-27
Smooth Seas Holdings LLCMIAMI GARDENS, FL
$3,800,0002026-01-14
Sonic Drive-In AuburnAUBURN, IN
$637,0002025-08-18
SDI GRAND JUNCTION, INCORPORATEDGRAND JUNCTION, CO
$100,0002025-01-06
HHB of Cranston Inc.PROVIDENCE, RI
$411,4002024-02-09
HHB of Cranston Inc.PROVIDENCE, RI
$200,0002024-02-09
Sonic Drive Ins Hayward; Sonic Drive Ins Salinas; Sonic Drive Ins GilroyHAYWARD, CA
$2,460,0002023-09-19
TBHCV LLCSTOCKTON, CA
$1,800,0002022-09-27
HHB of Cranston, Inc.Cranston, RI
$2,250,0002022-06-29
Tower Capital LLCSAINT PAUL, MN
$5,000,0002022-02-22
Shattuck Sonic Drive-In Management LLCWoodward, OK
$800,9002022-02-07
AQSR East Hialeah LLCMIAMI, FL
$1,850,0002022-01-31
Drive-In Operations Babcock, LLCMELBOURNE, FL
$2,025,0002022-01-06
FiveTwenty8 LLCALTOONA, PA
$216,9002021-09-20
TBHCV LLCPLEASANTON, CA
$1,268,5002021-08-31
Elite Drive-Ins, LLCSACRAMENTO, CA
$2,078,0002021-08-17
Elite Drive-Ins, LLCSANTA ROSA, CA
$1,420,0002021-08-17
ANG ROYAL INCIndio, CA
$2,749,2002021-07-15
6 Feet Over, LLCROCK SPRINGS, WY
$170,0002021-05-21
High Tide Oil Company, Inc.Moody, AL
$954,0002020-06-17

Frequently Asked Questions

Is Sonic growing or shrinking?

Sonic doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #115 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 Sonic 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 $1.5M (252% 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 Sonic?

0 of 21 SBA loans to Sonic franchisees (0.0%) have been charged off since FY2020, compared to 1.3% across all Restaurants & Food brands.

Explore More

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Top SBA Lenders

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  • Webster Bank National Association3
  • Citizens Bank & Trust1
  • Glacier Bank1
  • Celtic Bank Corporation1
Planning to finance a restaurants & food purchase?

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