Food & Restaurants · lender intelligence

How to finance a A&W

State:

The SBA 7(a) lenders funding the most A&W deals, ranked from public loan records — typical A&W loan about $1.0M. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance A&W

$1.03M

Typical loan

range $700K–$1.50M

$1.14M

Est. purchase price

≈ loan ÷ 90%

$156,475

Cash to close

$114,111 down + fees

$13,289/mo

Typical payment

~9.5% · 10yr

$183,388/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

21 days

Typical time to fund

Lenders competing

more = leverage

6.44%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with A&W

Ranked by funded A&W loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.5 loans · $8M · Kent, OHFull record →
2.75 loans · $98M · Sioux Falls, SDFull record →
3.2 loans · $1M · Clinton Township, MIFull record →
4.38 loans · $26M · Richmond City, VAFull record →
5.46 loans · $85M · Salt Lake City, UTFull record →
6.3 loans · $3M · Iron Mountain, MIFull record →
7.8 loans · $1M · Hays, KSFull record →
8.2 loans · $1M · Minot, NDFull record →
9.28 loans · $35M · West Memphis, ARFull record →
10.168 loans · $205M · Fishers, INFull record →

12+ funded A&W deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

JBB Properties, LLC in Jefferson, IA — $1.5M (2025) · purchase · Atlantic Union Bank
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.1M (75%)
Approval → funding
54 days
Approved
1/15/2025
First disbursed
3/10/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
22
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$1.7M
Est. down payment (10%)
$167K
Est. cash at closing
$229K
Monthly payment
$12,846
Annual debt service
$154K
Cash flow needed (1.25×)
$193K
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 Atlantic Union Bank · Lender record →
Your business? Claim this record · Request removal
151 Restaurant LLC in Darlington, SC — $845K (2025) · Milestone Bank
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
129 months
SBA guaranteed
$634K (75%)
Approval → funding
21 days
Approved
2/19/2025
First disbursed
3/12/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Milestone Bank · Lender record →
Your business? Claim this record · Request removal
Umu Onoh Inc. in Eaton, CO — $1.6M (2023) · purchase · The Bancorp Bank National Association
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.2M (75%)
Approval → funding
11 days
Approved
9/21/2023
First disbursed
10/2/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
27
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$1.8M
Est. down payment (10%)
$178K
Est. cash at closing
$244K
Monthly payment
$13,979
Annual debt service
$168K
Cash flow needed (1.25×)
$210K
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 The Bancorp Bank National Association · Lender record →
Your business? Claim this record · Request removal
SM Property Group LLC in Garden City, MI — $700K (2023) · Michigan Schools and Government Credit Union
Program
7a General
Rate at approval
7.5% fixed
Term
240 mo (20 yrs)
SBA guaranteed
$525K (75%)
Approval → funding
7 days
Approved
9/27/2023
First disbursed
10/4/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
21
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Michigan Schools and Government Credit Union · Lender record →
Your business? Claim this record · Request removal
Gurkirpa Real Estate Investment Group LLC in Ellis, KS — $1.4M (2022) · Bank of Hays
Program
Preferred Lenders Program
Rate at approval
5% fixed
Term
240 mo (20 yrs)
SBA guaranteed
$1.0M (75%)
Approval → funding
363 days
Approved
3/15/2022
First disbursed
3/13/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Bank of Hays · Lender record →
Your business? Claim this record · Request removal
Kaufman Smith Enterprise, LLC in Menominee, MI — $233K (2022) · First National Bank & Trust Co
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
4.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$116K (50%)
Approval → funding
15 days
Approved
11/16/2021
First disbursed
12/1/2021
Loan status
Failed — $175K charged off (3/31/2026)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
New Business or 2 years or less
Industry
Full-Service Restaurants
Funded by First National Bank & Trust Co · Lender record →
Your business? Claim this record · Request removal
Nisswa A & W in Brainerd, MN — $163K (2022) · First Western Bank & Trust
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
4.25% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$81K (50%)
Approval → funding
1 days
Approved
3/30/2022
First disbursed
3/31/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Individual
Jobs supported
9
Business age
Existing or more than 2 years old
Industry
Limited-Service Restaurants
Funded by First Western Bank & Trust · Lender record →
Your business? Claim this record · Request removal
HL Pit Stop L.L.C. in Howard Lake, MN — $2.1M (2021) · Harvest Bank
Program
7a General
Rate at approval
4.75% fixed
Term
306 months
SBA guaranteed
$1.9M (90%)
Approval → funding
63 days
Approved
6/17/2021
First disbursed
8/19/2021
Loan status
In liquidation
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
14
Business age
Existing or more than 2 years old
Industry
Gasoline Stations with Convenience Stores
Funded by Harvest Bank
Your business? Claim this record · Request removal
Fuel Express Food Mart Inc. in Dubuque, IA — $1.4M (2021) · purchase · Hometown Bank
Program
7a General
Rate at approval
5.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.1M (75%)
Approval → funding
137 days
Approved
11/19/2020
First disbursed
4/5/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
20
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.6M
Est. down payment (10%)
$157K
Est. cash at closing
$215K
Monthly payment
$8,449
Annual debt service
$101K
Cash flow needed (1.25×)
$127K
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 Hometown Bank · Lender record →
Your business? Claim this record · Request removal
Victual Inc. in Boscobel, WI — $1.0M (2021) · purchase · Clare Bank, National Association
Program
7a General
Rate at approval
5% fixed
Term
240 mo (20 yrs)
SBA guaranteed
$770K (75%)
Approval → funding
62 days
Approved
12/4/2020
First disbursed
2/4/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
76
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$1.1M
Est. down payment (10%)
$114K
Est. cash at closing
$156K
Monthly payment
$6,778
Annual debt service
$81K
Cash flow needed (1.25×)
$102K
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 Clare Bank, National Association
Your business? Claim this record · Request removal
AW Garden City Inc in Garden City, MI — $993K (2021) · First Internet Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
300 mo (25 yrs)
SBA guaranteed
$894K (90%)
Approved
9/29/2021
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
12
Business age
New Business or 2 years or less
Industry
Full-Service Restaurants
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
LONE DEVELOPMENT LLC in Hot Springs, AR — $479K (2021) · Evolve Bank and Trust
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$431K (90%)
Approval → funding
13 days
Approved
6/10/2021
First disbursed
6/23/2021
Loan status
Paid in full (7/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
50
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Evolve Bank and Trust · Lender record →
Your business? Claim this record · Request removal

Buying a A&W? Start with a lender that has funded the brand

We'll point you to the SBA lenders already financing this brand — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to A&W businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a A&W purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. Hometown Bank funds the most. CapBench is not a lender.

$1.0M typical A&W loan
12 lenders fund the brand
21 days typical to fund

Buyers researching a A&W typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker A&W record

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.
Canonical:: https://www.capbench.com/lenders/franchise/a-w
API:: https://www.capbench.com/api/public/lenders?franchise=a-w
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.