Updated with official SBA FOIA data through December 31, 2025
Looking for an SBA loan to buy or open a Hotworx franchise? Not all lenders are equal — some banks fund dozens of Hotworx deals per year while others have never touched one. Working with a lender who knows your franchise means faster approvals, better terms, and fewer surprises.
We analyzed every SBA 7(a) loan for Hotworx in 2025 using official FOIA data. Here are the lenders who fund the most deals.
Top SBA Lenders for Hotworx (2025)
| # | Lender | Loans | Volume | Avg Rate |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 18 | $4.8M | 9.76% |
| 2 | Citizens Bank | 15 | $8.6M | 10.07% |
| 3 | First Bank of the Lake | 5 | $3.6M | 9.70% |
| 4 | KeyBank National Association | 4 | $1.7M | 9.56% |
| 5 | Magnifi Financial CU | 2 | $995K | 10.12% |
| 6 | Zions Bank, A Division of | 2 | $132K | 10.62% |
| 7 | Arvest Bank | 1 | $392K | 8.50% |
| 8 | Northwest Bank | 1 | $327K | 7.75% |
| 9 | Wilmington Savings Fund Society FSB | 1 | $350K | 10.00% |
| 10 | Lake Michigan CU | 1 | $538K | 9.50% |
| 11 | U.S. Bank, National Association | 1 | $603K | 8.00% |
| 12 | First Bank | 1 | $638K | 9.75% |
| 13 | Texas Capital Bank | 1 | $545K | 7.25% |
| 14 | Meridian Bank | 1 | $500K | 10.25% |
| 15 | Pinnacle Bank | 1 | $537K | 9.75% |
Key Stats
- Total SBA loans for Hotworx in 2025: 59
- Total volume: $25.6M
- Average loan size: $433K
- Average interest rate: 9.77%
- Rate range: 7.25% – 11.00%
- Top states: Colorado (6), California (6), North Carolina (6), Florida (5), Texas (5), Virginia (4), Illinois (4), Washington (3), Ohio (3), Georgia (3)
Why lender choice matters: The rate spread for Hotworx loans ranges from 7.25% to 11.00%. On a $433K loan, that’s a difference of $16K/year in interest. Choosing the right lender can save you thousands.
How to Get the Best SBA Loan for Hotworx
- Work with a lender who knows Hotworx — The lenders above have funded multiple Hotworx deals and understand the franchise model
- Submit to multiple lenders — Don’t accept the first term sheet. Competition drives rates down.
- Get your franchise agreement ready — SBA lenders will need your FDD, franchise agreement, and any territory documents
- Prepare financial projections — Most lenders require a business plan with 3-year projections for franchise loans
Getting an SBA Loan for Hotworx?
GoSBA submits your Hotworx deal to 50+ SBA lenders simultaneously — including all the top lenders listed above. Completely free, with a custom business plan & projections included.
Data source: U.S. Small Business Administration FOIA 7(a) loan data, calendar year 2025.
