Honest, by the numbers
Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.
SBA Franchise Directory: listed ✓ (identifier S2835)
5 deals since 2020 · typical deal $421K
5
Deals since 2020
$421K
Typical deal
1
Deals since FY2025
—
Too few deals to score risk
What buyers pay for Honest
Most Honest deals financed between $350K and $475K. Above $475K, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $5,499
- Down payment (10%)
- $47K
- Cash to close (all-in)
- $62K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$62K)
Experience
Recent financings
- SKJD Foods LLC in Wayne, PA — $350K (2026) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $263K (75%)
- Approved
- 2/24/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
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- Akshar Parma Investments LLC in Parma Heights, OH — $918K (2022) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $689K (75%)
- Approval → funding
- 1 days
- Approved
- 8/31/2022
- First disbursed
- 9/1/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
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- MSM Foods, LLC in Wilmington, DE — $475K (2022) · KeyBank National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 126 months
- SBA guaranteed
- $238K (50%)
- Approval → funding
- 6 days
- Approved
- 3/31/2022
- First disbursed
- 4/6/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by KeyBank National Association · Lender record →
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- Akshar Cleveland Restaurant LLC in Parma Heights, OH — $50K (2022) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 8 days
- Approved
- 8/31/2022
- First disbursed
- 9/8/2022
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 33
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
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- Shreenathji Niles LLC in Niles, IL — $421K (2020) · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.14% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $315K (75%)
- Approval → funding
- 10 days
- Approved
- 1/21/2020
- First disbursed
- 1/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Funded by Fifth Third Bank · Lender record →
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Who funds Honest — and where
Every dot is a financed Honest — 5 mapped.
Financed Honest locations — list all 5 as text
- SKJD Foods LLC — Wayne · $350K · FY2026 · Limited-Service Restaurants
- Akshar Parma Investments LLC — Parma Heights · $918K · FY2022 · Limited-Service Restaurants
- Akshar Cleveland Restaurant LLC — Parma Heights · $50K · FY2022 · Limited-Service Restaurants
- Shreenathji Niles LLC — Niles · $421K · FY2020 · Full-Service Restaurants
- MSM Foods, LLC — Wilmington · $475K · FY2022 · Limited-Service Restaurants
Top lenders for this brand
Most active states
- 1.Ohio (2 loans)
- 2.Pennsylvania (1 loans)
- 3.Illinois (1 loans)
- 4.Delaware (1 loans)
Represent Honest?
Claim this brand page free to keep the numbers in context, add your story, and hear about qualified buyers early.
Common questions
How much does a Honest cost to buy or open?
The typical deal for Honest is $421K across 5 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $46K of buyer cash on a typical deal.
How risky is Honest?
Honest has 5 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.
Can I finance a Honest with an SBA loan?
Yes — Honest has been SBA-financed 1 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.
Buying a Honest franchise
Most Honest buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Honest deal financed for $421K, which points to about $46K of buyer cash on a typical purchase. Honest is listed in the SBA Franchise Directory (identifier S2835), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Honest — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.
AI summary
This profile summarizes public SBA financing activity for Honest — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.
Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.
Agent summary
This page summarizes public SBA 7(a) financing for Honest — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Honest is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 5 SBA 7(a) deals since 2020
- $421K typical deal
- 1 deals since FY2025
- Too few deals to score a reliable failure rate
- SBA Franchise Directory: listed (identifier S2835)
- Top lenders: The Huntington National Bank, Fifth Third Bank, KeyBank National Association
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.
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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Honest.