FranchiseRanked

Detroit Wing Company

Restaurants & FoodSBA loans FY2021–FY2023

9

SBA Loans

$2.5M

Total Financed

$281K

Avg Loan Size

—

YoY Loan Growth

How Detroit Wing Company Compares

  • Ranks #246 of 1,075 Restaurants & Food brands by SBA loan count (#969 of 3,543 overall).
  • Its average loan of $281K is 33% 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
FY20213$775K
FY20225$1.4M
FY20231$350K

FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Detroit Wing Company Is Getting SBA-Financed

Michigan9 loans · $2.5M

Recent SBA-Financed Detroit Wing Company Locations

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

Union Cooley Wings LLCWhite Lake, MI
$350,0002023-02-28
OXFORD WINGCO, LLCOxford, MI
$466,4002022-09-14
OXFORD WINGCO, LLCOxford, MI
$50,0002022-09-14
K-Zoo I LLCSOUTHFIELD, MI
$50,0002022-08-24
K-Zoo I LLCKalamazoo, MI
$534,6002022-08-19
White Lake Wings LLCWHITE LAKE, MI
$300,0002022-04-13
Curis QSR 1, LLCAllen Park, MI
$400,0002021-09-16
DAVISON WINGCO, LLCGrosse Point, MI
$25,0002021-08-10
DAVISON WINGCO, LLCDAVISON, MI
$350,0002021-08-10

Frequently Asked Questions

Is Detroit Wing Company growing or shrinking?

Detroit Wing Company doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #246 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 Detroit Wing Company 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 $281K (33% 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 Detroit Wing Company?

Detroit Wing Company 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.

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