Penn Station East Coast Subs, 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 S2231)
13 deals since 2020 · typical deal $350K
13
Deals since 2020
$350K
Typical deal
2
Deals since FY2025
—
Too few deals to score risk
What buyers pay for Penn Station East Coast Subs
Most Penn Station East Coast Subs deals financed between $80K and $647K. Above $647K, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $4,871
- Down payment (10%)
- $39K
- Cash to close (all-in)
- $52K
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 ~$52K)
Experience
Recent financings
- HB3 GROUP LLC in Dayton, OH — $1.3M (2026) · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $949K (75%)
- Approval → funding
- 18 days
- Approved
- 1/12/2026
- First disbursed
- 1/30/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
Funded by Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
- Penn Station in Beverly Hills, MI — $573K (2025) · purchase · United FCU
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $430K (75%)
- Approval → funding
- 17 days
- Approved
- 7/25/2025
- First disbursed
- 8/11/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $637K
- Est. down payment (10%)
- $64K
- Est. cash at closing
- $85K
- Monthly payment
- $7,652
- Annual debt service
- $92K
- Cash flow needed (1.25×)
- $115K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United FCU · Lender record →
Your business? Claim this record · Request removal
- Tri-State Cheesesteaks, LLC in Evansville, IN — $150K (2024) · BayFirst National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 13.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 20 days
- Approved
- 11/2/2023
- First disbursed
- 11/22/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 100
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
- Penn Station in Clinton Township, MI — $515K (2023) · Pathward National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 126 months
- SBA guaranteed
- $386K (75%)
- Approval → funding
- 24 days
- Approved
- 9/1/2023
- First disbursed
- 9/25/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 40
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Pathward National Association · Lender record →
Your business? Claim this record · Request removal
- DBT Acquisitions, Inc. in Toledo, OH — $200K (2023) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $100K (50%)
- Approval → funding
- 12 days
- Approved
- 3/3/2023
- First disbursed
- 3/15/2023
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- HB3 Group LLC in Dayton, OH — $1.5M (2022) · Heritage Bank Inc
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 20 days
- Approved
- 11/10/2021
- First disbursed
- 11/30/2021
- Loan status
- Paid in full (1/31/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 145
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Heritage Bank Inc · Lender record →
Your business? Claim this record · Request removal
- PSMI Group, LLC in Westland, MI — $80K (2022) · Fifth Third Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $40K (50%)
- Approval → funding
- 65 days
- Approved
- 12/22/2021
- First disbursed
- 2/25/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Existing or more than 2 years old
- Industry
- Business Associations
Funded by Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
- Buckeye Cheesesteaks LLC in Crestview Hills, KY — $4.7M (2021) · purchase · Republic Bank & Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 3.4% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $3.7M (79%)
- Approval → funding
- 6 days
- Approved
- 5/25/2021
- First disbursed
- 5/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 50
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $5.2M
- Est. down payment (10%)
- $522K
- Est. cash at closing
- $722K
- Monthly payment
- $62,953
- Annual debt service
- $755K
- Cash flow needed (1.25×)
- $944K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Republic Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
- GRATIOT PS LLC in Clinton Township, MI — $50K (2021) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 84 days
- Approved
- 11/30/2020
- First disbursed
- 2/22/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- BEVERLY HILLS PS LLC in Beverly Hills, MI — $50K (2021) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $38K (75%)
- Approval → funding
- 18 days
- Approved
- 8/12/2021
- First disbursed
- 8/30/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.
One of these businesses yours? Claim your listing or request removal.
Free · No documents · Usually same-day
Serious about buying a Penn Station East Coast Subs?
Get qualified with a franchise lending specialist before discovery day — know your number first.
Who funds Penn Station East Coast Subs — and where
Every dot is a financed Penn Station East Coast Subs — 12 mapped.
Financed Penn Station East Coast Subs locations — list all 12 as text
- Buckeye Cheesesteaks LLC — Crestview Hills · $4.7M · FY2021 · Limited-Service Restaurants
- DBT Acquisitions, Inc. — Toledo · $200K · FY2023 · Full-Service Restaurants
- Penn Station — Beverly Hills · $573K · FY2025 · Limited-Service Restaurants
- HB3 GROUP LLC — Dayton · $1.3M · FY2026 · Full-Service Restaurants
- efp subs llc — Charlotte · $647K · FY2020 · Limited-Service Restaurants
- GRATIOT PS LLC — Clinton Township · $50K · FY2021 · Limited-Service Restaurants
- Penn Station — Clinton Township · $515K · FY2023 · Limited-Service Restaurants
- The Canton Sub Company — North Canton · $350K · FY2020 · Limited-Service Restaurants
- HB3 Group LLC — Dayton · $1.5M · FY2022 · Limited-Service Restaurants
- PSMI Group, LLC — Westland · $80K · FY2022 · Business Associations
- BEVERLY HILLS PS LLC — Beverly Hills · $50K · FY2021 · Limited-Service Restaurants
- Rochester PS LLC — Rochester · $50K · FY2021 · Limited-Service Restaurants
Top lenders for this brand
Most active states
- 1.Michigan (6 loans)
- 2.Ohio (4 loans)
- 3.Kentucky (1 loans)
- 4.North Carolina (1 loans)
- 5.Indiana (1 loans)
Represent Penn Station East Coast Subs?
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 Penn Station East Coast Subs cost to buy or open?
The typical deal for Penn Station East Coast Subs is $350K across 13 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $39K of buyer cash on a typical deal.
How risky is Penn Station East Coast Subs?
Penn Station East Coast Subs has 13 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 Penn Station East Coast Subs with an SBA loan?
Yes — Penn Station East Coast Subs has been SBA-financed 2 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.
Buying a Penn Station East Coast Subs franchise
Most Penn Station East Coast Subs 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 Penn Station East Coast Subs deal financed for $350K, which points to about $39K of buyer cash on a typical purchase. Penn Station East Coast Subs is listed in the SBA Franchise Directory (identifier S2231), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Penn Station East Coast Subs — 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 Penn Station East Coast Subs — 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 Penn Station East Coast Subs — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Penn Station East Coast Subs is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 13 SBA 7(a) deals since 2020
- $350K typical deal
- 2 deals since FY2025
- Too few deals to score a reliable failure rate
- SBA Franchise Directory: listed (identifier S2231)
- Top lenders: The Huntington National Bank, Fifth Third Bank, Republic Bank & Trust Company
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-19.
- 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.
Still have questions about buying a Penn Station East Coast Subs?
Five minutes with a specialist who's seen Penn Station East Coast Subs deals close answers more than an hour of searching. Free, usually same-day.
Analyze this franchise in ChatGPT
Use Capbench to compare franchise SBA funding history, lender activity, buyer requirements, and likely financing fit.
ChatGPT will ask you to connect Capbench if you have not already approved it.
Represent Penn Station East Coast Subs?
Claim this brand page to keep the numbers in context, add your story, and hear about qualified buyers early.
CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Penn Station East Coast Subs.