The Simple Greek
7
SBA Loans
$3.4M
Total Financed
$481K
Avg Loan Size
—
YoY Loan Growth
How The Simple Greek Compares
- Ranks #281 of 1,075 Restaurants & Food brands by SBA loan count (#1,115 of 3,543 overall).
- Its average loan of $481K is 15% above the Restaurants & Food median of $419K.
- With only 7 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 | 6 | $2.7M |
| FY2021 | 1 | $620K |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where The Simple Greek Is Getting SBA-Financed
Recent SBA-Financed The Simple Greek Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is The Simple Greek growing or shrinking?
The Simple Greek doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #281 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 The Simple Greek 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 $481K (15% 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 The Simple Greek?
The Simple Greek only has 7 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
- Beacon Bank and Trust4
- The Huntington National Bank2
- JPMorgan Chase Bank, National Association1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset