Tea 2 Go
9
SBA Loans
$2.7M
Total Financed
$296K
Avg Loan Size
—
YoY Loan Growth
How Tea 2 Go Compares
- Ranks #239 of 1,075 Restaurants & Food brands by SBA loan count (#942 of 3,543 overall).
- Its average loan of $296K is 29% 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 Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $424K |
| FY2022 | 1 | $268K |
| FY2023 | 2 | $606K |
| FY2024 | 5 | $1.4M |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Tea 2 Go Is Getting SBA-Financed
Recent SBA-Financed Tea 2 Go Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Tea 2 Go growing or shrinking?
Tea 2 Go doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #239 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 Tea 2 Go 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 $296K (29% 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 Tea 2 Go?
Tea 2 Go 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
- First National Bank of Omaha2
- The First National Bank of McGregor d/b/a TFNB Your Bank for Life1
- PeopleFund1
- First American Bank1
- LiftFund, Inc.1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset