FranchiseRanked

Summit Coffee Co.

Restaurants & FoodSBA loans FY2021–FY2023

4

SBA Loans

$1.1M

Total Financed

$263K

Avg Loan Size

—

YoY Loan Growth

How Summit Coffee Co. Compares

  • Ranks #428 of 1,075 Restaurants & Food brands by SBA loan count (#1,585 of 3,543 overall).
  • Its average loan of $263K is 37% 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 YearLoansTotal Financed
FY20211$219K
FY20222$581K
FY20231$250K

FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Summit Coffee Co. Is Getting SBA-Financed

Recent SBA-Financed Summit Coffee Co. Locations

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

Summit of Ballantyne LLCCHARLOTTE, NC
$250,0002022-11-03
SUMMIT GROVE LLCASHEVILLE, NC
$209,7002022-06-06
SUMMIT RAD, LLCASHEVILLE, NC
$371,5002022-06-03
CALL SIGN COFFEE LLCCHARLOTTE, NC
$219,0002021-06-09

Frequently Asked Questions

Is Summit Coffee Co. growing or shrinking?

Summit Coffee Co. doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #428 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 Summit Coffee Co. 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 $263K (37% 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 Summit Coffee Co.?

Summit Coffee Co. 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.