Whit's Frozen Custard
16
SBA Loans
$3.7M
Total Financed
$231K
Avg Loan Size
—
YoY Loan Growth
How Whit's Frozen Custard Compares
- Ranks #144 of 1,075 Restaurants & Food brands by SBA loan count (#626 of 3,543 overall).
- Its average loan of $231K is 45% below the Restaurants & Food median of $419K.
- With only 16 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 |
|---|---|---|
| FY2021 | 1 | $241K |
| FY2022 | 5 | $657K |
| FY2023 | 2 | $274K |
| FY2024 | 3 | $563K |
| FY2025 | 3 | $1.3M |
| FY2026 | 2 | $677K |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Whit's Frozen Custard Is Getting SBA-Financed
Recent SBA-Financed Whit's Frozen Custard Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Whit's Frozen Custard growing or shrinking?
Whit's Frozen Custard doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #144 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 Whit's Frozen Custard 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 $231K (45% 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 Whit's Frozen Custard?
Whit's Frozen Custard only has 16 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 Bank9
- Lake Michigan CU1
- Queensborough National Bank and Trust Company1
- The Fahey Banking Company1
- The Farmers National Bank of Canfield1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset