FranchiseRanked

Jersey Mike’s Subs; Jersey Mike’s

Restaurants & FoodSBA loans FY2020–FY2026

269

SBA Loans

$138.4M

Total Financed

$515K

Avg Loan Size

+65%

YoY Loan Growth

How Jersey Mike’s Subs; Jersey Mike’s Compares

  • Ranks #5 of 1,075 Restaurants & Food brands by SBA loan count (#13 of 3,543 overall).
  • Its average loan of $515K is 23% above the Restaurants & Food median of $419K.
  • Its 0.0% charge-off rate compares to a 1.3% average across all Restaurants & Food brands.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY202035$13.7M
FY202177$31.5M
FY202244$19.2M
FY202332$17.7M
FY202420$10.8M
FY202533$23.3M
FY202628$22.3M

FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Jersey Mike’s Subs; Jersey Mike’s Is Getting SBA-Financed

Texas40 loans · $18.5MCalifornia20 loans · $13.7MIllinois20 loans · $10.2MFlorida14 loans · $6.2MMissouri13 loans · $4.8MNew York12 loans · $10.1MMichigan11 loans · $5.7MOhio11 loans · $4.5MMinnesota10 loans · $7.5MMassachusetts10 loans · $4.8MColorado9 loans · $5.0MMaryland9 loans · $3.7MGeorgia8 loans · $3.3MWashington7 loans · $3.0MConnecticut7 loans · $4.1M

Recent SBA-Financed Jersey Mike’s Subs; Jersey Mike’s Locations

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

JM Liverpool Oswego Road LLCLIVERPOOL, NY
$3,085,0002026-06-30
Bendyfish, LLCMarinette, WI
$527,0002026-06-29
JM Tolland LLCTOLLAND, CT
$700,0002026-06-27
JMBuffalo4 LLCDEPEW, NY
$450,0002026-06-15
JM PLAINFIELD LLCPLAINFIELD, CT
$500,0002026-06-15
E.T Family, LLCDAVIS, CA
$700,0002026-06-15
BERRY STOKES SMITHFIELD LLCSMITHFIELD, UT
$630,0002026-06-04
Jersey Mike'sNORTH BRANCH, MN
$486,5002026-06-01
Loki, Ltd.ERIE, CO
$1,250,0002026-05-01
Broaddus Consolidated, LLCMARQUETTE, MI
$500,0002026-04-20
WTP Ludlow LLCLUDLOW, MA
$350,0002026-03-20
PMG 56 LLC, Chan SeriesCHANHASSEN, MN
$3,350,0002026-03-04
LCP Tooele West Valley LLCTOOELE, UT
$540,0002026-02-20
JM 467 86th LLCBROOKLYN, NY
$625,0002026-01-29
JM Lisbon LLCLISBON, CT
$700,0002026-01-28
JM Ellington LLCELLINGTON, CT
$700,0002026-01-28
JM Portland LLCPORTLAND, CT
$700,0002026-01-28
IN HIS GRIP JM LLCCARLSBAD, CA
$1,080,0002026-01-27
Jersey Mikes 27120DOWNERS GROVE, IL
$730,0002026-01-27
Tigmann-Elkton Inc.ELKTON, MD
$553,0002026-01-22
JM 2795 Richmond LLCSTATEN ISLAND, NY
$850,0002026-01-12
JM Stewart Subs 1, LLCLebanon, MO
$603,5002026-01-12
CL4 LLCBARTLETT, IL
$307,0002025-12-09
FLAG CITY SUBS LLCDAVISON, MI
$707,3002025-11-24
Becker Sandwich Shops, LLCRADCLIFF, KY
$649,3002025-11-20

Frequently Asked Questions

Is Jersey Mike’s Subs; Jersey Mike’s growing or shrinking?

Jersey Mike’s Subs; Jersey Mike’s's SBA loan count grew +65% year-over-year, suggesting rising financed expansion. This reflects SBA-backed financing activity, not necessarily total unit count -- see the methodology page for what this does and doesn't measure.

How much does it cost to open a Jersey Mike’s Subs; Jersey Mike’s 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 $515K (23% above 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 Jersey Mike’s Subs; Jersey Mike’s?

0 of 269 SBA loans to Jersey Mike’s Subs; Jersey Mike’s franchisees (0.0%) have been charged off since FY2020, compared to 1.3% across all Restaurants & Food brands.

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Planning to finance a restaurants & food purchase?

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