{"source":"SBA 7(a) FOIA loan file (data.sba.gov), change-of-ownership loans only, aggregated","publisher":"SBA Acquisition Data","page":"https://sbaacquisitiondata.com/state/tn/limited-service-restaurants-722513","type":"state-industry","name":"Limited-Service Restaurants in Tennessee","as_of":"2026-09-30","fy_min":2018,"fy_max":2026,"license":"https://www.usa.gov/government-works","data":{"naics":"722513","name":"Limited-Service Restaurants","slug":"limited-service-restaurants-722513","loans":29,"dollars":25602400,"median":495000,"summary":{"loans":29,"dollars":25602400,"median":495000,"mean":882841,"p25":219500,"p75":900000,"avg_rate":7.95,"median_term":120,"guaranty_share":0.75,"jobs":790,"franchise_loans":23,"recent_loans":6},"by_fy":[{"fy":2018,"loans":3,"dollars":986400,"median":357300},{"fy":2019,"loans":6,"dollars":2125200,"median":216450},{"fy":2020,"loans":3,"dollars":5463500,"median":280000},{"fy":2021,"loans":2,"dollars":873500,"median":436750},{"fy":2022,"loans":3,"dollars":4860800,"median":1481400},{"fy":2023,"loans":4,"dollars":2385500,"median":662750},{"fy":2024,"loans":2,"dollars":2860000,"median":1430000},{"fy":2025,"loans":4,"dollars":2692500,"median":691500},{"fy":2026,"loans":2,"dollars":3355000,"median":1677500}],"seasoned":{"loans":14,"charged_off":0,"paid_in_full":9,"chargeoff_rate":0,"chargeoff_dollar_rate":0,"fy_min":2018,"fy_max":2021},"compare":{"entity":{"loans":29,"median":495000,"p25":219500,"p75":900000,"avg_rate":7.95,"median_term":120,"chargeoff_rate":null},"parents":[{"kind":"state","id":"TN","loans":624,"median":807000,"p25":350000,"p75":1701750,"avg_rate":7.9,"median_term":120,"chargeoff_rate":0.028},{"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":0.1379,"top3":0.3103,"n3plus":2,"distinct":21},"recent":{"loans":6,"median":772500,"prior_loans":6,"change":null},"size_mix":{"lt350k":0.3793,"350k_1m":0.4138,"1m_2m":0.069,"gt2m":0.1379},"top_lenders":[{"key":"Live Oak Banking Company","loans":4,"dollars":11000000,"name":"Live Oak Banking Company","slug":"live-oak-banking-company"},{"key":"Fifth Third Bank","loans":3,"dollars":1686400,"name":"Fifth Third Bank","slug":"fifth-third-bank"},{"key":"Banc of California","loans":2,"dollars":1026700,"name":"Banc of California","slug":"banc-of-california"},{"key":"North State Bank","loans":2,"dollars":873500,"name":"North State Bank","slug":"north-state-bank"},{"key":"Stearns Bank National Association","loans":2,"dollars":318400,"name":"Stearns Bank National Association","slug":"stearns-bank-national-association"}],"top_franchises":[{"key":"S0639","loans":4,"dollars":1444200,"name":"Firehouse Subs","slug":"firehouse-subs"},{"key":"S1986","loans":3,"dollars":3481900,"name":"Zaxby's","slug":"zaxbys"},{"key":"S0449","loans":3,"dollars":1686400,"name":"Culver's","slug":"culvers"},{"key":"S0513","loans":2,"dollars":8075000,"name":"Domino's Pizza","slug":"dominos-pizza"},{"key":"S1120","loans":1,"dollars":2735000,"name":"Moe's Southwest Grill","slug":"moes-southwest-grill"}]}}