SBA 7(a) FOIA data · borrowers in Chicago, IL · FY1992 to FY2026 · as of 2025-12-31
Franchise SBA loans in Chicago, Illinois
SBA lenders have made 573 7(a) loans to franchise businesses in Chicago since 1992, $213.1M in all, across 264 franchise systems and 108 lenders. Of the loans that have been resolved, 18.6% were charged off, 2.6 points above the national franchise rate of 16.0%. This is what the loan record says about which brands got financed here and how it went. It is not a list of territories for sale; we hold no availability data for any brand.
Headline numbers
- Franchise loans
- 573
- since FY1992
- Approved
- $213.1M
- gross loan amounts
- Charge-off rate
- 18.6%
- 419 resolved loans; national 16.0%
- Systems financed
- 264
- 108 lenders
Franchise systems financed in Chicago
The twenty systems with the most SBA loans to Chicago borrowers. The verdict grade is the brand's national grade on this site, an editorial assessment and not investment advice. “Locations on file” counts current franchisee locations we hold anywhere in Illinois: presence, not availability.
| System | Loans here | Charge-off here | Approved | Verdict | Locations on file, IL |
|---|---|---|---|---|---|
| Subway Sandwich Shop | 78 | 14.9% | $12.8M | A: Strongest tier | not on file |
| The UPS Store | 17 | limited data | $6.1M | A: Strongest tier | 193 |
| Quiznos | 16 | 43.8% | $2.4M | F: Weakest tier | 5 |
| Dunkin Donuts | 12 | 0.0% | $6.7M | A: Strongest tier | not on file |
| Jimmy John's | 10 | 0.0% | $3.4M | A: Strongest tier | 285 |
| Edible Arrangements | 8 | limited data | $1.3M | B: Above average | 40 |
| Go! Grocer Management - Consul | 7 | limited data | $3.3M | not graded | not on file |
| Jersey Mike's | 7 | limited data | $4.3M | A: Strongest tier | 106 |
| Pearle Vision Center | 7 | limited data | $2.2M | A: Strongest tier | 3 |
| Rosati's Pizza | 7 | limited data | $2.0M | B: Above average | 2 |
| Burger King | 6 | limited data | $4.0M | A: Strongest tier | 268 |
| Massage Envy | 6 | limited data | $2.3M | B: Above average | 2 |
| Servpro | 6 | limited data | $9.8M | B: Above average | 91 |
| Anytime Fitness | 5 | limited data | $2.8M | B: Above average | 93 |
| Cold Stone Creamery, Inc. | 5 | limited data | $1.6M | C: Average | 4 |
| F45 Training | 5 | limited data | $998K | F: Weakest tier | not on file |
| Fastsigns | 5 | limited data | $1.4M | A: Strongest tier | not on file |
| Mail Boxes Etc. USA | 5 | limited data | $675K | A: Strongest tier | 193 |
| The NOW Massage | 5 | limited data | $2.0M | A: Strongest tier | 8 |
| Stretch Lab | 5 | limited data | $1.2M | B: Above average | not on file |
Lenders most active in Chicago
Where a franchise buyer in Chicago has historically found a 7(a) lender. A lender's local rate reflects which systems it funded here as much as its underwriting.
| Lender | Loans here | Charge-off here | Approved |
|---|---|---|---|
| The Huntington National Bank | 59 | 30.8% | $14.3M |
| Byline Bank | 45 | 19.4% | $25.9M |
| Providence Bank & Trust | 34 | 14.7% | $8.7M |
| JPMorgan Chase Bank, National Association | 28 | 11.1% | $5.2M |
| Popular Bank | 26 | 16.0% | $5.5M |
| Wells Fargo Bank National Association | 23 | 26.3% | $9.9M |
| PNC Bank, National Association | 16 | 14.3% | $2.9M |
| Readycap Lending, LLC | 15 | 50.0% | $4.6M |
| U.S. Bank, National Association | 15 | 23.1% | $3.4M |
| Village Bank and Trust, National Association | 15 | limited data | $10.4M |
| Stearns Bank National Association | 14 | 25.0% | $5.7M |
| Urban Partnership Bank | 13 | 0.0% | $1.9M |
Franchise loans approved per year
Approvals by SBA fiscal year, the last decade. A quiet year is a quiet year for new lending, not for the businesses already running.
- FY201527
- FY201613
- FY201725
- FY201819
- FY201932
- FY202021
- FY202135
- FY202224
- FY202333
- FY202425
- FY202524
- FY20261
Reading this page
- Does a loan in Chicago mean a franchise is available in Chicago?
- No. A loan shows that a franchisee opened or bought a unit in Chicago and financed it with an SBA 7(a) loan. Whether a territory near you is open now is known only to the franchisor, so ask before you rely on it. FranchiseVerdict holds no territory-availability data for any brand.
- What does the charge-off rate on this page measure?
- Loans that were charged off divided by loans that were resolved, meaning paid in full or charged off. Loans still open count in neither. It is a loan outcome, not a unit failure rate and not a measure of profit, and it is an editorial reading of SBA's data, not investment advice.
- Why does the table say "limited data" for some systems in Chicago?
- A rate is printed only where at least ten loans in the city have been resolved. Below that, one loan moves the number by ten points or more, so the table says limited data instead of a figure that would not survive the next loan.
- Which of these brands already operate in Illinois?
- FranchiseVerdict holds current franchisee location records in Illinois for 14 of the 20 systems on this page that have a brand page. That is evidence a brand runs units in the state today; a brand with none on file may still operate there, because owner-record coverage is partial.
Talk to franchise owners in Illinois
The loan record says how financing went; an owner says how the business goes. FranchiseVerdict sells verified franchisee contact lists filtered by state, $49 per brand, for personal due diligence only, not telemarketing or automated calls. We hold Illinois owner records for 14 of the 20 systems above that have a brand page.
Get owner contacts — $49/brand