{"source":"SBA 7(a) FOIA loan file (data.sba.gov), change-of-ownership loans only, aggregated","publisher":"SBA Acquisition Data","page":"https://sbaacquisitiondata.com/industry/retail-bakeries-311811","type":"industry","name":"Retail Bakeries","as_of":"2026-09-30","fy_min":2018,"fy_max":2026,"license":"https://www.usa.gov/government-works","data":{"naics":"311811","name":"Retail Bakeries","slug":"retail-bakeries-311811","summary":{"loans":99,"dollars":60838500,"median":340000,"mean":614530,"p25":150000,"p75":732500,"avg_rate":8.15,"median_term":120,"guaranty_share":0.769,"jobs":1592,"franchise_loans":18,"recent_loans":27},"by_fy":[{"fy":2018,"loans":4,"dollars":751700,"median":162000},{"fy":2019,"loans":10,"dollars":4452900,"median":264100},{"fy":2020,"loans":5,"dollars":1422000,"median":275000},{"fy":2021,"loans":15,"dollars":7439400,"median":236000},{"fy":2022,"loans":9,"dollars":6362900,"median":451200},{"fy":2023,"loans":12,"dollars":12989100,"median":654500},{"fy":2024,"loans":17,"dollars":9820900,"median":450000},{"fy":2025,"loans":18,"dollars":12526000,"median":305000},{"fy":2026,"loans":9,"dollars":5073600,"median":344000}],"seasoned":{"loans":34,"charged_off":1,"paid_in_full":19,"chargeoff_rate":0.0294,"chargeoff_dollar_rate":0.0152,"fy_min":2018,"fy_max":2021},"compare":{"entity":{"loans":99,"median":340000,"p25":150000,"p75":732500,"avg_rate":8.15,"median_term":120,"chargeoff_rate":0.0294},"parents":[]},"concentration":{"by":"lender","top1":0.101,"top3":0.1919,"n3plus":6,"distinct":65},"recent":{"loans":27,"median":340000,"prior_loans":29,"change":-0.069},"size_mix":{"lt350k":0.5253,"350k_1m":0.2828,"1m_2m":0.1212,"gt2m":0.0707},"top_states":[{"key":"CA","loans":12,"dollars":10208000,"name":"California","slug":"ca"},{"key":"NJ","loans":6,"dollars":2672000,"name":"New Jersey","slug":"nj"},{"key":"TX","loans":5,"dollars":4169000,"name":"Texas","slug":"tx"},{"key":"IL","loans":5,"dollars":4035500,"name":"Illinois","slug":"il"},{"key":"PA","loans":5,"dollars":1350700,"name":"Pennsylvania","slug":"pa"},{"key":"MD","loans":4,"dollars":5321000,"name":"Maryland","slug":"md"},{"key":"MI","loans":4,"dollars":4995100,"name":"Michigan","slug":"mi"},{"key":"SC","loans":4,"dollars":3703000,"name":"South Carolina","slug":"sc"},{"key":"MN","loans":4,"dollars":2358700,"name":"Minnesota","slug":"mn"},{"key":"MA","loans":4,"dollars":1714000,"name":"Massachusetts","slug":"ma"}],"top_lenders":[{"key":"The Huntington National Bank","loans":10,"dollars":5796000,"name":"The Huntington National Bank","slug":"the-huntington-national-bank"},{"key":"Live Oak Banking Company","loans":5,"dollars":7745000,"name":"Live Oak Banking Company","slug":"live-oak-banking-company"},{"key":"Newtek Small Business Finance, LLC","loans":4,"dollars":658500,"name":"Newtek Small Business Finance, LLC","slug":"newtek-small-business-finance-llc"},{"key":"BMO Bank National Association","loans":3,"dollars":4643200,"name":"BMO Bank National Association","slug":"bmo-bank-national-association"},{"key":"East West Bank","loans":3,"dollars":2862000,"name":"East West Bank","slug":"east-west-bank"},{"key":"Manufacturers and Traders Trust Company","loans":3,"dollars":799000,"name":"Manufacturers and Traders Trust Company","slug":"manufacturers-and-traders-trust-company"},{"key":"First Internet Bank of Indiana","loans":2,"dollars":3869000,"name":"First Internet Bank of Indiana","slug":"first-internet-bank-of-indiana"},{"key":"Sunflower Bank National Association","loans":2,"dollars":1293300,"name":"Sunflower Bank National Association","slug":"sunflower-bank-national-association"},{"key":"TowneBank","loans":2,"dollars":1019000,"name":"TowneBank","slug":"townebank"},{"key":"United Bank of Iowa","loans":2,"dollars":930000,"name":"United Bank of Iowa","slug":null}],"top_franchises":[{"key":"S1279","loans":4,"dollars":3375500,"name":"Paris Baguette","slug":"paris-baguette"},{"key":"S1195","loans":4,"dollars":2707700,"name":"Nothing Bundt Cakes","slug":"nothing-bundt-cakes"},{"key":"S0744","loans":3,"dollars":415200,"name":"Great Harvest","slug":"great-harvest"}]}}