FranchiseRanked

Chick'nCone

Restaurants & FoodSBA loans FY2021–FY2024

9

SBA Loans

$1.9M

Total Financed

$210K

Avg Loan Size

—

YoY Loan Growth

How Chick'nCone Compares

  • Ranks #242 of 1,075 Restaurants & Food brands by SBA loan count (#956 of 3,543 overall).
  • Its average loan of $210K is 50% below the Restaurants & Food median of $419K.
  • With only 9 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Restaurants & Food brands overall see a 1.3% charge-off rate across 11,372 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20216$1.4M
FY20222$436K
FY20241$100K

FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Recent SBA-Financed Chick'nCone Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

NAM LLCAtlanta, GA
$100,0002023-11-11
Chick N ConeMACON, GA
$189,0002022-07-25
Stuart United IncJersey City, NJ
$247,0002022-05-25
MADNKX CAPITAL PARTNERS LLCWINTER SPRINGS, FL
$226,7002021-09-27
RADACLS ENTEPRISES, LLC.Caledonia, MI
$275,0002021-09-26
RADACLS ENTEPRISES, LLC.Caledonia, MI
$25,0002021-09-26
Chick'n ConeSAN MARCOS, CA
$232,8002021-07-30
Treat Enterprises LLCFARMINGTON, MI
$369,9002021-05-28
Chic-Ken & Mike, LLCHamilton, OH
$225,0002020-11-24

Frequently Asked Questions

Is Chick'nCone growing or shrinking?

Chick'nCone doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #242 of 1,075 Restaurants & Food brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Chick'nCone 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 $210K (50% below 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 Chick'nCone?

Chick'nCone only has 9 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Restaurants & Food brands overall see a 1.3% charge-off rate across 11,372 loans.

Top SBA Lenders

  • The Huntington National Bank3
  • Newtek Small Business Finance, Inc.2
  • KeyBank National Association1
  • Lake Michigan CU1
  • Columbia Bank1
Planning to finance a restaurants & food purchase?

Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.

Source: SBA 7(a) FOIA loan dataset. View dataset