Wetzel's Pretzels
55
SBA Loans
$29.7M
Total Financed
$540K
Avg Loan Size
-36%
YoY Loan Growth
How Wetzel's Pretzels Compares
- Ranks #37 of 1,075 Restaurants & Food brands by SBA loan count (#182 of 3,543 overall).
- Its average loan of $540K is 29% 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 Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 5 | $1.3M |
| FY2021 | 3 | $1.9M |
| FY2022 | 10 | $3.7M |
| FY2023 | 10 | $6.0M |
| FY2024 | 11 | $4.9M |
| FY2025 | 7 | $5.0M |
| FY2026 | 9 | $6.7M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Wetzel's Pretzels Is Getting SBA-Financed
Recent SBA-Financed Wetzel's Pretzels Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Wetzel's Pretzels growing or shrinking?
Wetzel's Pretzels's SBA loan count fell 36% year-over-year. A decline in SBA financing doesn't necessarily mean the brand is shrinking -- franchisees may be using other financing, or SBA lending patterns may have shifted broadly.
How much does it cost to open a Wetzel's Pretzels 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 $540K (29% 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 Wetzel's Pretzels?
0 of 55 SBA loans to Wetzel's Pretzels franchisees (0.0%) have been charged off since FY2020, compared to 1.3% across all Restaurants & Food brands.
Top SBA Lenders
- First Bank of the Lake8
- Mountain America FCU6
- United Business Bank4
- PCB Bank4
- ConnectOne Bank3
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset