BlogRankingIndustryBest Restaurants SBA Lenders of 2026

Best Restaurants SBA Lenders of 2026

February 2, 2026
Industry, Ranking
4 min read

Best Restaurants SBA Lenders of 2026

$1.65B
Total Funded

3,171
Loans Approved

$522K
Avg Loan Size

9.95%
Avg Interest Rate

476
Active Lenders

SBA Loans for Restaurants Businesses

The Restaurants industry received $1.65B in SBA 7(a) loans across 3,171 businesses in 2025. With 476 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Restaurants industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Restaurants businesses is $522K with an average rate of 9.95%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Restaurants businesses by business stage:

🚀 Startups
36%
$741.3M • 1131 loans

🏢 Existing Businesses
51%
$591.9M • 1618 loans

🔄 Business Acquisitions
13%
$318.8M • 419 loans

Top 50 SBA Lenders for Restaurants (2025)

These are the banks that funded the most SBA 7(a) loan volume to Restaurants businesses, ranked by total volume:

Rank Lender Volume Loans Avg Rate
1 The Huntington National Bank $107.4M 282 9.62%
2 Newtek Bank, National Association $77.8M 196 10.60%
3 Celtic Bank Corporation $57.1M 79 10.33%
4 Readycap Lending, LLC $49.8M 82 11.48%
5 Northeast Bank $48.5M 271 10.97%
6 Bank of Hope $43.5M 77 9.31%
7 Harvest Small Business Finance, LLC $41.7M 40 9.90%
8 Port 51 Lending LLC $36.2M 20 9.76%
9 Brookline Bank, a Division of Beacon Bank and Trust $32.1M 17 9.38%
10 Hanmi Bank $29.2M 40 9.07%
11 Live Oak Banking Company $27.4M 29 9.38%
12 First Internet Bank of Indiana $23.7M 18 9.97%
13 Byline Bank $23.0M 22 10.18%
14 PCB Bank $20.8M 32 9.23%
15 Enterprise Bank & Trust $20.3M 12 8.54%
16 KeyBank National Association $19.9M 47 10.14%
17 Cadence Bank $18.4M 27 10.12%
18 Manufacturers and Traders Trust Company $17.7M 126 11.23%
19 Bank of America, National Association $17.3M 34 8.16%
20 East West Bank $17.0M 26 8.89%
21 Northwest Bank $16.9M 19 9.34%
22 Wells Fargo Bank National Association $16.5M 33 10.05%
23 Metro City Bank $16.5M 16 8.83%
24 FWBank $14.7M 8 9.59%
25 Lendistry SBLC, LLC $14.4M 63 12.02%
26 Dogwood State Bank $13.0M 14 9.98%
27 Pinnacle Bank $12.8M 13 9.46%
28 Milestone Bank $12.7M 8 10.03%
29 TD Bank, National Association $12.4M 86 10.55%
30 JPMorgan Chase Bank, National Association $12.2M 34 11.09%
31 Wilmington Savings Fund Society FSB $12.0M 17 9.60%
32 Centerstone SBA Lending, Inc. $11.9M 9 9.17%
33 Truist Bank $11.8M 9 8.58%
34 Old National Bank $11.2M 11 7.95%
35 Truliant FCU $11.2M 12 10.17%
36 U.S. Bank, National Association $11.0M 110 9.89%
37 Midwest Regional Bank $10.3M 13 10.10%
38 The Bancorp Bank National Association $10.3M 8 8.66%
39 Heritage Bank Inc $10.0M 10 10.60%
40 Commonwealth Business Bank $9.4M 10 8.78%
41 Hanover Community Bank $9.3M 3 9.42%
42 Merchants Bank of Indiana $9.3M 5 9.25%
43 Citizens Bank $9.2M 10 9.88%
44 Shinhan Bank America $9.0M 8 8.31%
45 Fifth Third Bank $8.9M 32 10.79%
46 Woori America Bank $8.7M 12 9.08%
47 First Savings Bank $8.7M 8 10.19%
48 LendingClub Bank, National Association $8.6M 5 9.70%
49 VelocitySBA, LLC $8.3M 8 10.03%
50 Zions Bank, A Division of $8.0M 30 9.82%

🚀 Best Lenders for Restaurants Startups

Starting a new full-service restaurants business? These lenders funded the most startup loans in this industry:

Rank Lender Startup Volume Loans Avg Rate
1 The Huntington National Bank $54.8M 132 9.67%
2 Bank of Hope $29.5M 32 8.83%
3 Celtic Bank Corporation $28.8M 21 10.13%
4 Newtek Bank, National Association $18.9M 39 10.56%
5 KeyBank National Association $18.9M 38 10.01%
6 Harvest Small Business Finance, LLC $18.2M 19 9.84%
7 Byline Bank $16.0M 13 10.04%
8 Wells Fargo Bank National Association $14.1M 27 10.52%
9 Readycap Lending, LLC $13.0M 15 10.25%
10 Brookline Bank, a Division of Beacon Bank and Trust $12.5M 5 9.80%

🔄 Best Lenders for Restaurants Acquisitions

Looking to buy an existing full-service restaurants business? These lenders specialize in acquisition financing:

Rank Lender Acquisition Volume Loans Avg Rate
1 The Huntington National Bank $36.6M 82 9.39%
2 Hanmi Bank $17.1M 23 9.24%
3 Brookline Bank, a Division of Beacon Bank and Trust $15.6M 7 9.14%
4 First Internet Bank of Indiana $13.3M 11 9.89%
5 PCB Bank $10.5M 18 9.14%
6 Port 51 Lending LLC $10.1M 4 10.06%
7 Live Oak Banking Company $6.9M 4 9.06%
8 Hanover Community Bank $6.9M 2 9.00%
9 Centerstone SBA Lending, Inc. $6.8M 6 9.00%
10 Celtic Bank Corporation $6.2M 6 10.04%

🏢 Best Lenders for Existing Restaurants Businesses

Already running an established full-service restaurants business? These lenders have funded the most loans to existing businesses in your industry:

Rank Lender Volume Loans Avg Rate
1 Newtek Bank, National Association $55.3M 150 10.62%
2 Northeast Bank $44.3M 239 11.00%
3 Readycap Lending, LLC $30.8M 61 11.92%
4 Harvest Small Business Finance, LLC $22.4M 19 9.97%
5 Celtic Bank Corporation $22.0M 52 10.44%
6 Port 51 Lending LLC $20.2M 11 9.64%
7 The Huntington National Bank $16.0M 68 9.82%
8 Lendistry SBLC, LLC $13.2M 61 12.07%
9 Bank of Hope $12.9M 43 9.69%
10 Enterprise Bank & Trust $11.7M 8 8.66%

Top States for Restaurants SBA Loans

Here are the states with the highest SBA lending volume for Restaurants businesses:

Rank State Volume Loans
1 California $223.7M 431
2 Texas $203.1M 275
3 Florida $127.1M 201
4 New Jersey $96.1M 127
5 Georgia $88.7M 110
6 Illinois $80.6M 151
7 New York $73.8M 224
8 North Carolina $60.0M 84
9 Washington $52.4M 110
10 Pennsylvania $50.0M 107
11 Colorado $50.0M 94
12 Maryland $41.5M 67
13 Michigan $39.3M 90
14 Virginia $33.8M 71
15 Ohio $30.3M 88
16 South Carolina $27.4M 46
17 Wisconsin $27.4M 45
18 Massachusetts $26.0M 99
19 Tennessee $24.6M 39
20 Arizona $24.2M 47
21 Indiana $24.0M 40
22 Missouri $22.4M 41
23 Minnesota $20.5M 56
24 Oregon $20.5M 48
25 Nevada $20.1M 35
26 Louisiana $15.4M 23
27 Utah $14.7M 40
28 Connecticut $13.9M 41
29 Alabama $11.6M 29
30 Kansas $11.6M 18
31 New Hampshire $10.5M 28
32 Kentucky $9.9M 23
33 Oklahoma $8.4M 18
34 Delaware $7.9M 9
35 Rhode Island $7.9M 22
36 Idaho $6.3M 14
37 Mississippi $6.0M 11
38 District of Columbia $5.2M 14
39 Arkansas $4.5M 16
40 Alaska $4.1M 5
41 Iowa $4.1M 15
42 Maine $3.9M 18
43 Nebraska $3.7M 15
44 Puerto Rico $3.7M 31
45 New Mexico $3.6M 8
46 Montana $3.2M 11
47 Hawaii $1.9M 9
48 West Virginia $1.9M 6
49 North Dakota $728K 4
50 Wyoming $695K 4

Top Cities for Restaurants SBA Loans

Los Angeles, Ca

$27.7M
Volume

53
Loans

Chicago, Il

$20.5M
Volume

33
Loans

San Antonio, Tx

$20.4M
Volume

13
Loans

New York, Ny

$17.6M
Volume

34
Loans

Houston, Tx

$15.0M
Volume

23
Loans

Atlanta, Ga

$14.2M
Volume

18
Loans

Dallas, Tx

$13.8M
Volume

19
Loans

San Diego, Ca

$13.6M
Volume

23
Loans

Las Vegas, Nv

$13.5M
Volume

24
Loans

Portland, Or

$13.4M
Volume

17
Loans

Austin, Tx

$12.8M
Volume

14
Loans

Frisco, Tx

$10.9M
Volume

12
Loans

Denver, Co

$9.6M
Volume

16
Loans

Roseville, Ca

$8.9M
Volume

4
Loans

Nashville, Tn

$8.8M
Volume

8
Loans

Miami, Fl

$8.2M
Volume

14
Loans

🤝 Why Use an SBA Broker for Restaurants Loans?

GoSBA Loans has extensive experience financing Restaurants businesses:

  • Industry expertise — we know which lenders specialize in Restaurants
  • Access to 476+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Restaurants SBA Loan

Our team specializes in SBA financing for Restaurants businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Restaurants business? GoSBA Loans specializes in SBA loans for Restaurants businesses. Contact our industry specialists today for a free consultation.

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http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.

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