{"source":"SBA 7(a) FOIA loan file (data.sba.gov), change-of-ownership loans only, aggregated","publisher":"SBA Acquisition Data","page":"https://sbaacquisitiondata.com/franchise/tropical-smoothie-cafe","type":"franchise","name":"Tropical Smoothie Cafe","as_of":"2026-09-30","fy_min":2018,"fy_max":2026,"license":"https://www.usa.gov/government-works","data":{"code":"S1815","name":"Tropical Smoothie Cafe","raw_name":"Tropical Smoothie Cafe","slug":"tropical-smoothie-cafe","supply_agreement":false,"summary":{"loans":40,"dollars":28476700,"median":474000,"mean":711918,"p25":287000,"p75":916950,"avg_rate":7.99,"median_term":120,"guaranty_share":0.751,"jobs":1076,"franchise_loans":40,"recent_loans":8},"by_fy":[{"fy":2018,"loans":3,"dollars":894000,"median":296000},{"fy":2019,"loans":9,"dollars":5939800,"median":352000},{"fy":2020,"loans":4,"dollars":2227000,"median":393500},{"fy":2021,"loans":2,"dollars":623000,"median":311500},{"fy":2022,"loans":6,"dollars":7518000,"median":729000},{"fy":2023,"loans":2,"dollars":1377000,"median":688500},{"fy":2024,"loans":6,"dollars":3897800,"median":529550},{"fy":2025,"loans":3,"dollars":2735100,"median":500000},{"fy":2026,"loans":5,"dollars":3265000,"median":794000}],"seasoned":{"loans":18,"charged_off":0,"paid_in_full":14,"chargeoff_rate":0,"chargeoff_dollar_rate":0,"fy_min":2018,"fy_max":2021},"top_states":[{"key":"FL","loans":9,"dollars":6069800,"name":"Florida","slug":"fl"},{"key":"TX","loans":4,"dollars":1212000,"name":"Texas","slug":"tx"},{"key":"SC","loans":3,"dollars":3121500,"name":"South Carolina","slug":"sc"},{"key":"NC","loans":3,"dollars":1508300,"name":"North Carolina","slug":"nc"},{"key":"UT","loans":3,"dollars":899000,"name":"Utah","slug":"ut"},{"key":"NY","loans":2,"dollars":2449000,"name":"New York","slug":"ny"},{"key":"AL","loans":2,"dollars":1913000,"name":"Alabama","slug":"al"},{"key":"NH","loans":2,"dollars":1440000,"name":"New Hampshire","slug":"nh"},{"key":"GA","loans":2,"dollars":1199000,"name":"Georgia","slug":"ga"},{"key":"MI","loans":1,"dollars":2900000,"name":"Michigan","slug":"mi"}],"top_lenders":[{"key":"Live Oak Banking Company","loans":9,"dollars":10151000,"name":"Live Oak Banking Company","slug":"live-oak-banking-company"},{"key":"SouthState Bank, National Association","loans":3,"dollars":2838000,"name":"SouthState Bank, National Association","slug":"southstate-bank-national-association"},{"key":"Truliant FCU","loans":3,"dollars":1675800,"name":"Truliant FCU","slug":"truliant-fcu"},{"key":"Southern Bank","loans":3,"dollars":1620800,"name":"Southern Bank","slug":"southern-bank"},{"key":"United Community Bank","loans":2,"dollars":1913000,"name":"United Community Bank","slug":"united-community-bank"},{"key":"VelocitySBA, LLC","loans":2,"dollars":567000,"name":"VelocitySBA, LLC","slug":"velocitysba-llc"},{"key":"Cache Valley Bank","loans":2,"dollars":399000,"name":"Cache Valley Bank","slug":null},{"key":"TowneBank","loans":1,"dollars":1845100,"name":"TowneBank","slug":"townebank"},{"key":"HomeTrust Bank","loans":1,"dollars":1655000,"name":"HomeTrust Bank","slug":"hometrust-bank"},{"key":"CRF Small Business Loan Company, LLC","loans":1,"dollars":1060000,"name":"CRF Small Business Loan Company, LLC","slug":"crf-small-business-loan-company-llc"}],"top_industries":[{"key":"722513","loans":20,"dollars":15661900,"name":"Limited-Service Restaurants","slug":"limited-service-restaurants-722513"},{"key":"722515","loans":15,"dollars":8979800,"name":"Snack and Nonalcoholic Beverage Bars","slug":"snack-and-nonalcoholic-beverage-bars-722515"},{"key":"722511","loans":4,"dollars":1480000,"name":"Full-Service Restaurants","slug":"full-service-restaurants-722511"},{"key":"445298","loans":1,"dollars":2355000,"name":"All Other Specialty Food Retailers","slug":"all-other-specialty-food-retailers-445298"}],"primary_naics":"722513","compare":{"entity":{"loans":40,"median":474000,"p25":287000,"p75":916950,"avg_rate":7.99,"median_term":120,"chargeoff_rate":null},"parents":[{"kind":"industry","id":"722513","loans":2222,"median":350000,"p25":202500,"p75":693375,"avg_rate":7.83,"median_term":120,"chargeoff_rate":0.053}]},"concentration":{"by":"lender","top1":0.225,"top3":0.375,"n3plus":4,"distinct":23},"recent":{"loans":8,"median":647000,"prior_loans":8,"change":null},"size_mix":{"lt350k":0.325,"350k_1m":0.45,"1m_2m":0.175,"gt2m":0.05},"states_count":19,"brand_share_of_industry":0.009}}