Spice Wing
4
SBA Loans
$781K
Total Financed
$195K
Avg Loan Size
—
YoY Loan Growth
How Spice Wing Compares
- Ranks #429 of 1,075 Restaurants & Food brands by SBA loan count (#1,587 of 3,543 overall).
- Its average loan of $195K is 53% below the Restaurants & Food median of $419K.
- With only 4 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 Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 1 | $327K |
| FY2022 | 1 | $129K |
| FY2023 | 2 | $325K |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Spice Wing Is Getting SBA-Financed
Recent SBA-Financed Spice Wing Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Spice Wing growing or shrinking?
Spice Wing doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #429 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 Spice Wing 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 $195K (53% 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 Spice Wing?
Spice Wing only has 4 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.
Top SBA Lenders
- The Huntington National Bank3
- Colony 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